WEIZMANIND
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Israeli scientists scramble to save work after Iranian missile hits labs
Weizmann is Israel's top science research institute
Iranian missile struck its campus early on Sunday
Scientists struggled to pull samples from ruins
Israel has killed Iranian nuclear scientists
On visit to site, Netanyahu praises researchers, rescuers
Adds Netanyahu comments on visit to the site, paragraphs 5-7
By Artorn Pookasook
REHOVOT, Israel, June 20 (Reuters) - Researchers at Israel's prestigious Weizmann Institute of Science have been scrambling to save their experiments after an Iranian missile destroyed a building containing dozens of cutting-edge laboratories.
The missile struck the institute's campus at Rehovot, on the southern periphery of Tel Aviv, in the early hours of Sunday, damaging multiple buildings and prompting researchers to clamber into the ruins to save samples even as fire raged.
No one was hurt as the campus was empty overnight, but one part of a building collapsed, while in the remaining part the walls were blown out, exposing a tangle of twisted metal, blasted debris and blackened cement.
"We did our best to save as much of the samples as we could from the labs, from the buildings, while we were fighting the fire," physicist Roee Ozeri, Weizmann's vice president for development and communications, told Reuters.
Prime Minister Benjamin Netanyahu visited the devastated site on Friday and praised the researchers as well as the rescuers of the country's emergency services, describing both groups as the "best of Israel."
"This building behind me, next to me, says everything," Netanyahu said, pointing to the massive pile of rubble.
"Iran is the pre-eminent terrorist regime in the world. It must not, cannot have nuclear weapons. That is the purpose of Israel’s actions - to save itself from the Iranian threat of annihilation, but by doing so, we are saving many, many others.”
Israel began attacking Iran on June 13, saying its longtime enemy was on the verge of developing nuclear weapons. Iran, which says its nuclear programme is only for peaceful purposes, retaliated with missile and drone attacks on Israel.
Israel's strikes have killed several prominent Iranian nuclear scientists, wiped out the top echelon of Iran's military command, damaged nuclear capabilities and killed hundreds of civilians.
Iran has not said if or why it targeted the Weizmann Institute.
Last Thursday, the U.N. nuclear watchdog's 35-nation Board of Governors declared Iran in breach of its non-proliferation obligations for the first time in almost 20 years. Iran has long maintained its nuclear programme is for peaceful purposes.
Iran's attacks have killed 24 civilians in Israel and damaged hundreds of structures, including a hospital in the southern city of Beersheba.
While most of the institute's research is in areas with potential benefits for medicine and scientific knowledge, it also has connections with defence. It announced in October 2024 a collaboration with Israel's largest defence firm Elbit on "bio-inspired materials for defence applications".
A multidisciplinary institution which carries out research in fields including genetics, immunology and astrophysics, Weizmann was founded in 1934 and is considered world-class within the international scientific community.
It is Israel's most important science research institute, with 286 research groups, 191 staff scientists and hundreds of PhD students, master's students and postdoctoral fellows.
'EVERYTHING IS LOST'
The Iranian missile hit the work of researchers such as Eldad Tzahor, who focuses on regenerative medicine with particular relevance to adult heart diseases. He said many samples and tissues that had been part of long-running experiments had been destroyed.
"Everything is lost," he told Reuters TV. "I would estimate that it will take us about a year to get into a full year of research and with everything working again."
In financial terms, the damage is estimated at $300-$500 million, according to the institute, which operates costly, complex machines, often shared between several labs or research groups.
Jacob Hanna, who runs a molecular genetics team focused on embryonic stem cell biology, told the scientific journal Nature that his lab's ceiling had collapsed and the staircase had detached.
His students managed to save hundreds of frozen mouse and human cell lines by transferring them to back-up liquid-nitrogen tanks that Hanna had stored in the basement, Nature reported.
"I was always worried that if a war actually happens, I don't want to lose these," he said.
(Additional reporting by Maayan Lubell and Howard Goller; Writing and additional reporting by Estelle Shirbon; Editing by Alison Williams and Alistair Bell)
(([email protected];))
Weizmann is Israel's top science research institute
Iranian missile struck its campus early on Sunday
Scientists struggled to pull samples from ruins
Israel has killed Iranian nuclear scientists
On visit to site, Netanyahu praises researchers, rescuers
Adds Netanyahu comments on visit to the site, paragraphs 5-7
By Artorn Pookasook
REHOVOT, Israel, June 20 (Reuters) - Researchers at Israel's prestigious Weizmann Institute of Science have been scrambling to save their experiments after an Iranian missile destroyed a building containing dozens of cutting-edge laboratories.
The missile struck the institute's campus at Rehovot, on the southern periphery of Tel Aviv, in the early hours of Sunday, damaging multiple buildings and prompting researchers to clamber into the ruins to save samples even as fire raged.
No one was hurt as the campus was empty overnight, but one part of a building collapsed, while in the remaining part the walls were blown out, exposing a tangle of twisted metal, blasted debris and blackened cement.
"We did our best to save as much of the samples as we could from the labs, from the buildings, while we were fighting the fire," physicist Roee Ozeri, Weizmann's vice president for development and communications, told Reuters.
Prime Minister Benjamin Netanyahu visited the devastated site on Friday and praised the researchers as well as the rescuers of the country's emergency services, describing both groups as the "best of Israel."
"This building behind me, next to me, says everything," Netanyahu said, pointing to the massive pile of rubble.
"Iran is the pre-eminent terrorist regime in the world. It must not, cannot have nuclear weapons. That is the purpose of Israel’s actions - to save itself from the Iranian threat of annihilation, but by doing so, we are saving many, many others.”
Israel began attacking Iran on June 13, saying its longtime enemy was on the verge of developing nuclear weapons. Iran, which says its nuclear programme is only for peaceful purposes, retaliated with missile and drone attacks on Israel.
Israel's strikes have killed several prominent Iranian nuclear scientists, wiped out the top echelon of Iran's military command, damaged nuclear capabilities and killed hundreds of civilians.
Iran has not said if or why it targeted the Weizmann Institute.
Last Thursday, the U.N. nuclear watchdog's 35-nation Board of Governors declared Iran in breach of its non-proliferation obligations for the first time in almost 20 years. Iran has long maintained its nuclear programme is for peaceful purposes.
Iran's attacks have killed 24 civilians in Israel and damaged hundreds of structures, including a hospital in the southern city of Beersheba.
While most of the institute's research is in areas with potential benefits for medicine and scientific knowledge, it also has connections with defence. It announced in October 2024 a collaboration with Israel's largest defence firm Elbit on "bio-inspired materials for defence applications".
A multidisciplinary institution which carries out research in fields including genetics, immunology and astrophysics, Weizmann was founded in 1934 and is considered world-class within the international scientific community.
It is Israel's most important science research institute, with 286 research groups, 191 staff scientists and hundreds of PhD students, master's students and postdoctoral fellows.
'EVERYTHING IS LOST'
The Iranian missile hit the work of researchers such as Eldad Tzahor, who focuses on regenerative medicine with particular relevance to adult heart diseases. He said many samples and tissues that had been part of long-running experiments had been destroyed.
"Everything is lost," he told Reuters TV. "I would estimate that it will take us about a year to get into a full year of research and with everything working again."
In financial terms, the damage is estimated at $300-$500 million, according to the institute, which operates costly, complex machines, often shared between several labs or research groups.
Jacob Hanna, who runs a molecular genetics team focused on embryonic stem cell biology, told the scientific journal Nature that his lab's ceiling had collapsed and the staircase had detached.
His students managed to save hundreds of frozen mouse and human cell lines by transferring them to back-up liquid-nitrogen tanks that Hanna had stored in the basement, Nature reported.
"I was always worried that if a war actually happens, I don't want to lose these," he said.
(Additional reporting by Maayan Lubell and Howard Goller; Writing and additional reporting by Estelle Shirbon; Editing by Alison Williams and Alistair Bell)
(([email protected];))
Weizmann Approves Buyback For 58.4 Million Rupees
Aug 20 (Reuters) - Weizmann Limited WEIZ.NS:
WEIZMANN LIMITED - APPROVED BUYBACK FOR AN AGGREGATE AMOUNT NOT EXCEEDING 58.4 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: WEIZ.NS
(([email protected];))
Aug 20 (Reuters) - Weizmann Limited WEIZ.NS:
WEIZMANN LIMITED - APPROVED BUYBACK FOR AN AGGREGATE AMOUNT NOT EXCEEDING 58.4 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: WEIZ.NS
(([email protected];))
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What does Weizmann do?
Weizmann Limited, incorporated in 1985 and based in Mumbai, is primarily engaged in the Textiles business.
Who are the competitors of Weizmann?
Weizmann major competitors are Lagnam Spintex, Indian Terrain Fash., Shri Dinesh Mills, Winsome Textile, Texel Industries, CPS Shapers, Atvo Enterprises. Market Cap of Weizmann is ₹179 Crs. While the median market cap of its peers are ₹185 Crs.
Is Weizmann financially stable compared to its competitors?
Weizmann seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Weizmann pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Weizmann latest dividend payout ratio is 8.85% and 3yr average dividend payout ratio is 16.78%
How has Weizmann allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Weizmann balance sheet?
Balance sheet of Weizmann is strong. But short term working capital might become an issue for this company.
Is the profitablity of Weizmann improving?
The profit is oscillating. The profit of Weizmann is ₹8.01 Crs for TTM, ₹8.96 Crs for Mar 2024 and ₹4.26 Crs for Mar 2023.
Is the debt of Weizmann increasing or decreasing?
Yes, The net debt of Weizmann is increasing. Latest net debt of Weizmann is ₹8.71 Crs as of Mar-25. This is greater than Mar-24 when it was ₹5.56 Crs.
Is Weizmann stock expensive?
Weizmann is not expensive. Latest PE of Weizmann is 0.0, while 3 year average PE is 22.22. Also latest EV/EBITDA of Weizmann is 12.4 while 3yr average is 13.53.
Has the share price of Weizmann grown faster than its competition?
Weizmann has given lower returns compared to its competitors. Weizmann has grown at ~-12.89% over the last 1yrs while peers have grown at a median rate of 20.36%
Is the promoter bullish about Weizmann?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Weizmann is 68.34% and last quarter promoter holding is 68.34%.
Are mutual funds buying/selling Weizmann?
There is Insufficient data to gauge this.