News for Plant Health Care plc (PLHCF)

Plant Health Care will operate as a step-down subsidiary after its acquisition. This acquisition is meant to enable PI Industries to provide comprehensive agri-solutions that integrate both chemical and biological products.

Stock Pick of the Week: Axis Securities remains bullish on PI Industries and has called it the stock pick of the week for investors. Here is the investment rationale of Axis Securities

Shares of PI Industries Ltd. rose to a two-month high on Thursday after it said that its subsidiary will acquire Plant Health Care Plc, a UK-incorporated agriculture biological inputs company, for 32.78 million pounds. After the acquisition, the target entity will become a step-down subsidiary of the company, an exchange filing said. "The acquisition will enable the company to offer integrated agri-solutions across both chemicals and biologicals."

Asia-Pacific markets fell on Thursday, taking cues from Wall Street on caution ahead of US GDP data for January-March quarter, scheduled for release later on Thursday. Spot gold rose 0.01% to $2,298.35 per ounce. Brent crude traded 0.27% higher. The August contract of Brent crude on Intercontinental Exchange was 0.41% lower at $84.90. India's benchmark equity indices extended their record run for the second consecutive day on Wednesday.

Stocks including Reliance, Vodafone, Dr Reddy's CSB, Adani Ports, RVNL, Airtel, SJVN and more may remain under spotlight before the opening bell on Thursday, June 27.

Reliance Jio, Vodafone Idea acquire spectrum, SBI raises funds, Dr. Reddy's acquires Northstar, Exide invests, Orbit enters solar agreement.

Stocks to watch on June 27: SEBI has initiated an investigation into Sanjiv Bhasin, associated with IIFL Securities. Officials have reportedly seized Bhasin's digital devices

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The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: ---------- CT UK High Income Trust PLC - invests...

Plant Health Care PLC on Monday said its fertiliser product Harpinab has been approved for sale in Belgium. Plant Health Care shares were up 12% at 3.99 pence each in London on Monday...

The following is a round-up of earnings and trading updates by London-listed companies, issued this week and not separately reported by Alliance News: ---------- Plant Health Care PLC - maker of...

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