Bengaluru, June 3 -- This Small-Cap Stock, engaged in the manufacturing, marketing, and distribution of agrochemical products, including insecticides, herbicides, fungicides, and plant growth regulators across India, jumped 2.56 percent after announcing a buyback of 5 lakh shares at a 28.3 percent premium

With a market capitalization of Rs. 4,918.05 crores, the share of Dhanuka Agritech Limited has reached an intraday high of Rs. 1,123.60 per equity share, rising nearly 2.56 percent from its previous day's close price of Rs. 1,095.55. Since then, the stock has retreated and is currently trading at Rs. 1,091 per equity share.

Reason Behind the Surge

Dhanuka Agritech Limited has announced a share buyback through the tender offer route. T...