UPL gains on introducing two new insecticides in North American Market
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UPL is currently trading at Rs. 682.05, up by 6.35 points or 0.94% from its previous closing of Rs. 675.70 on the BSE.
The scrip opened at Rs. 676.00 and has touched a high and low of Rs. 684.95 and Rs. 676.00 respectively. So far 6145 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 807.00 on 05-Dec-2022 and a 52 week low of Rs. 607.80 on 23-Jun-2022.
Last one week high and low of the scrip stood at Rs. 685.45 and Rs. 662.00 respectively. The current market cap of the company is Rs. 51161.42 crore.
The promoters holding in the company stood at 32.35%, while Institutions and Non-Institutions held 53.09% and 10.62% respectively.
UPL has introduced SHENZI 700 WG and SHENZI 400 SC insecticides in the North American market. SHENZI 700 WG and 400 SC provide growers with proven solutions to protect crops against insect pests and resistance while minimizing environmental impacts.
The powerful active ingredient chlorantraniliprole targets pests while having minimal impact on beneficial insect populations, such as honeybees and other pollinators. SHENZI’s concentrated formulation allows lower dosage, less packaging and reduced storage space to improve efficiency, ease handling and reduce farmer costs.
UPL is global player of crop protection products has customer base in 123 countries. It has subsidiary offices in Argentina, Australia, Bangladesh, Brazil, China, Canada, Denmark, Indonesia, France, Hong Kong, Japan, Korea, Mauritius, Mexico, ,New Zealand, Russia, Spain, Taiwan, South Africa, USA, UK, Vietnam and Zambia.
