India's PI Industries jumps most in 3 months on new insecticide registration

* PI Industries shares climb as much as 4.6% to 2,428.7 rupees, biggest intraday rise in over three months. * The gain follows the company's registration for Pioxaniliprole, India's first indigenously developed crop protection molecule. * Pioxaniliprole targets pests and is applicable to crops like rice, chillies, corn, vegetables and fruits. * Trading volume surged to 641,677 shares, more than double the 30-day average. * PIIL shares are down 25.6% year-to-date.