India Pesticides Limited has informed the Exchange about Imposition of anti-dumping duty on imports from China

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Price reactionminutes from the announcement price · days from the prior close

+9.5%Reaction day

₹190.00

prior close

₹209.21

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+9.2% vs market

Pesticides & Agrochemicals peers, median of 24sector+0.5%+9.0% vs sector

On the reaction day the stock moved 9.2 pts more than Nifty Microcap 250 and 9.0 pts more than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Pesticides & Agrochemicals peers, median of 24Pending

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AI summary

The Ministry of Finance, via a notification dated June 19, 2025, has imposed anti-dumping duty on imports of Pretilachlor (a herbicide) and its intermediate PEDA originating in or exported from China. The duty will remain in force for five years and ranges from USD 1,246.9 to USD 2,017.9 per metric ton, depending on the Chinese producer. The duty was recommended after an investigation found that Chinese imports were being dumped at below-normal prices, causing material injury to the Indian domestic industry. India Pesticides, a domestic manufacturer of Pretilachlor, is expected to benefit from this measure as it levels the playing field against cheaper Chinese imports.

Likely market impact

Positive for India Pesticides Limited. The anti-dumping duty will protect the company's domestic market share and pricing power in Pretilachlor for the next five years, supporting revenue and margins. The stock may see a positive reaction given the direct benefit to the company's core product line.