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Neutral UPL Ltd For Target Rs.550 By Motilal Oswal Financial Services Ltd Pricing pressure continues to hurt operating performance Operating performance below expectations * UPL Ltd (UPLL) reported a muted quarter as EBITDA remained flat on a YoY basis, largely due to a price decline (down 7% YoY) led by overcapacity in China. Volume grew 16% (indicating a healthy demand environment), resulting in revenue growth of 9% YoY. * UPLL is expecting improvement in the global business, with inventory destocking nearing completion. Further, margins are expected to wit...
Neutral UPL Ltd For Target Rs.550 By Motilal Oswal Financial Services Ltd
Neutral UPL Ltd For Target Rs.550 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
2024-12-02 10:53:16 am
UPL surges on signing strategic partnership agreement with CH4 Global UPL is currently trading at Rs. 577.00, up by 10.90 points or 1.93% from its previous closing of Rs. 566.10 on the BSE. The scrip opened at Rs. 570.00 and has touched a high and low of Rs. 578.05 and Rs. 566.70 respectively. So far 27372 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 625.00 on 01-Oct-2024 and a 52 week low of Rs. 448.00 on 14-Mar-2024. Last one week high and low of the scrip stood at Rs. 578.05...
UPL surges on signing strategic partnership agreement with CH4 Global
UPL surges on signing strategic partnership agreement with CH4 Global
Source: Accord Fintech
2024-11-25 11:29:18 am
Stock Picks : State Bank of India Ltd And UPL Ltd By ICICI Direct State Bank of India Ltd Buy State Bank of India Ltd @ 812-814 Target 822.20 Stop Loss 808.50   UPL Ltd Buy UPL Ltd @ 613-615 Target 621.00 Stop Loss 610.80   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : State Bank of India Ltd And UPL Ltd By ICICI Direct
Stock Picks : State Bank of India Ltd And UPL Ltd By ICICI Direct
Source: ICICI Direct
2024-09-06 10:57:24 am
UPL rises as its arm acquires Advanta Holdings UPL is currently trading at Rs. 602.50, up by 0.70 points or 0.12% from its previous closing of Rs. 601.80 on the BSE. The scrip opened at Rs. 600.00 and has touched a high and low of Rs. 608.50 and Rs. 593.30 respectively. So far 40586 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 639.00 on 18-Sep-2023 and a 52 week low of Rs. 448.00 on 14-Mar-2024. Last one week high and low of the scrip stood at Rs. 608.50 ...
UPL rises as its arm acquires Advanta Holdings
UPL rises as its arm acquires Advanta Holdings
Source: Accord Fintech
2024-09-04 12:05:41 pm
Stock of the day : UPL Ltd For Target Rs. 635 - Religare Broking UPL Ltd  * After being in a corrective phase for a prolonged period, the stock is showing signs of trend reversal. * It has recorded a decisive breakout from an inverted head and shoulder pattern suggesting potential shift in direction from downward to upward. * The price pattern and placement of momentum indicator denotes a strong up move from current levels. * Thus, traders can consider fresh longs in the mentioned range   Buy UPL Ltd CMP 600&n...
Stock of the day : UPL Ltd For Target Rs. 635 - Religare Broking
Stock of the day : UPL Ltd For Target Rs. 635 - Religare Broking
Source: Religare Broking
2024-09-03 11:07:21 am
India's UPL posts wider-than-expected Q1 loss on lower product prices Indian agrochemicals maker UPL reported a bigger-than-expected quarterly loss on Friday as rising costs and pricing pressure hurt margins. The company reported a consolidated net loss of 3.84 billion rupees ($45.9 million) for the three months ended June 30 from a profit of 1.66 billion rupees a year earlier. Analysts, on average, were expecting a 3.48 billion rupees loss, as per LSEG data. Revenue from operations rose 1.2% to 90.67 billion rupees, while total expenses increased 5.7% to...
India's UPL posts wider-than-expected Q1 loss on lower product prices
India's UPL posts wider-than-expected Q1 loss on lower product prices
Source: Reuters
2024-08-02 04:20:58 pm
Neutral UPL Ltd. For Target Rs. 560 - Motilal Oswal Financial Services Higher rebates and high-cost inventory liquidation hit margin Operating performance beats expectations * UPLL reported a weak quarter as revenue declined 15% YoY, primarily due to lower agrochemical prices (down 15% YoY) and volume decline of 2% YoY. EBITDA margins contracted 450bp YoY largely due to higher rebates (~5% price impact) and liquidation of high-cost inventory, partly offset by an improved product mix and a lower cost of goods sold. * Gross debt (excluding perpetual bonds...
Neutral UPL Ltd. For Target Rs. 560 - Motilal Oswal Financial Services
Neutral UPL Ltd. For Target Rs. 560 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-06-25 11:57:47 am
Accumulate UPL Ltd. for Target Rs.597 by Elara Capital Into the abyss and back Volume down 2% and realization 15% UPL’s (UPLL IN) topline came in better than expected at INR 141bn (15% YoY drop) versus expectations of INR 116bn (30% YoY dip), led by lowerthan-expected volume dip and price decline. Higher rebates on existing sales yielded an aggregate impact of INR 9.5bn on Q4 realizations. Gross margin came in lower than expected at 36% but operating leverage benefits arrested the decline in EBITDA to INR 18.5bn (expectation of INR 1...
Accumulate UPL Ltd. for Target Rs.597 by Elara Capital
Accumulate UPL Ltd. for Target Rs.597 by Elara Capital
Source: Elara Capital
2024-06-05 02:14:19 pm
Buy UPL Ltd. For Target Rs. 650 By JM Financial Services Inventory rationalisation unlikely be to be repeated UPL’s 3QFY24 EBITDA missed JMFe and consensus estimates by 95% and 94%, respectively. This extremely weak earnings was driven by i) higher rebates given to distributors and product returns, and ii) liquidation of high cost inventories. Going forward, inventory rationalisation is unlikely to be repeated given the company will be entering FY25 on a low cost inventory basis. Going forward, price normalisation will be gradual given inv...
Buy UPL Ltd. For Target Rs. 650 By JM Financial Services
Buy UPL Ltd. For Target Rs. 650 By JM Financial Services
Source: JM Financial Services
2024-04-13 11:50:56 am
UPL jumps as its arm inks SSA with MIC to set up manufacturing complex in Saudi Arabia UPL is currently trading at Rs. 484.00, up by 10.85 points or 2.29% from its previous closing of Rs. 473.15 on the BSE. The scrip opened at Rs. 475.60 and has touched a high and low of Rs. 485.75 and Rs. 475.20 respectively. So far 92364 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 760.45 on 02-May-2023 and a 52 week low of Rs. 452.40 on 13-Feb-2024. Last one week high and low of the scrip stood at Rs. 491.00...
UPL jumps as its arm inks SSA with MIC to set up manufacturing complex in Saudi Arabia
UPL jumps as its arm inks SSA with MIC to set up manufacturing complex in Saudi Arabia
Source: Accord Fintech
2024-03-07 12:09:17 pm
More mid and small cap funds likely to impose restrictions on lump sum investments More mid and small cap funds are likely to impose restrictions on lump sum investments into the mid and small cap schemes, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. A significant development is the communication from SEBI to AMFI suggesting that mutual funds set up a framework for protecting investors in mid and small cap funds. Sustained flows of retail money into these funds have made their valuations excessive and difficult to sustain, he said. Thi...
More mid and small cap funds likely to impose restrictions on lump sum investments
More mid and small cap funds likely to impose restrictions on lump sum investments
Source: IANS
2024-02-29 12:40:45 pm
India`s Shriram Finance to replace UPL in blue-chip Nifty 50 index  Non-banking finance firm Shriram Finance will replace agrochemical company UPL on the blue-chip Nifty 50 index, effective March 28, the National Stock Exchange of India said on Wednesday. The change is part of a periodic review of broad market indices. UPL has been removed from the blue-chip index after its exclusion from the Nifty 100, a parent index for the Nifty 50, the NSE said in a statement. Shriram Finance has the highest six-month average free-float market capitalizatio...
India`s Shriram Finance to replace UPL in blue-chip Nifty 50 index
India`s Shriram Finance to replace UPL in blue-chip Nifty 50 index
Source: Reuters
2024-02-29 09:33:13 am
Sell UPL Ltd For Target Rs.491- Elara Capital At the doorstep of distress Realization down 28% UPL (UPLL IN) reported very weak Q3, marred by price erosion, rebates and sales returns. Topline declined 28% to INR 99bn versus our estimate of INR 96bn. Revenue decline was led by a 28% drop in pricing and 5% dip in volume. Gross margin plummeted 1677bps to 36% due to high sales return as also rebates extended to the distributors. UPLL did post break even on the EBITDA level with Q3 at INR 930mn but margin was meagre at 1.1%. Finance co...
Sell UPL Ltd For Target Rs.491- Elara Capital
Sell UPL Ltd For Target Rs.491- Elara Capital
Source: Elara Capital
2024-02-26 01:54:55 pm
UPL gains on incorporating step-down subsidiary in Tanzania UPL is currently trading at Rs. 480.00, up by 0.90 points or 0.19% from its previous closing of Rs. 479.10 on the BSE. The scrip opened at Rs. 478.85 and has touched a high and low of Rs. 482.65 and Rs. 470.00 respectively. So far 166257 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 780.00 on 17-Feb-2023 and a 52 week low of Rs. 452.40 on 13-Feb-2024. Last one week high and low of the scrip stood at Rs. 482.65...
UPL gains on incorporating step-down subsidiary in Tanzania
UPL gains on incorporating step-down subsidiary in Tanzania
Source: Accord Fintech
2024-02-14 03:41:06 pm
Neutral UPL Ltd Traget Rs.530 - Motilal Oswal Financial Service Ltd Global headwinds continue to dent revenue Operating performance misses expectations * UPLL reported another weak quarter, with a 28% YoY decline in revenue. It was primarily attributed to a continued downtrend in agrochemical prices (down 24% YoY), leading to continued destocking of inventory by distributors (volumes down 5% YoY). All regions (except RoW) witnessed a sales decline of at least 20% (India) to as high as 64% (North America). RoW sales grew 12% YoY. * Gross debt (excludi...
Neutral UPL Ltd Traget Rs.530 - Motilal Oswal Financial Service Ltd
Neutral UPL Ltd Traget Rs.530 - Motilal Oswal Financial Service Ltd
Source: Motilal Oswal Financial Services Ltd
2024-02-04 10:46:39 am
Stock Picks : Hindustan Unilever Ltd And UPL Ltd By ICICI Direct Hindustan Unilever(HINLEV) Ltd Buy Biocon Ltd @2250-2554; Target 2579.00 ; Stop Loss 2539.80   UPL (UNIP) Ltd Sell DLF Ltd @551-553; Target 546.00; Stop Loss 556.20   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Hindustan Unilever Ltd And UPL Ltd By ICICI Direct
Stock Picks : Hindustan Unilever Ltd And UPL Ltd By ICICI Direct
Source: ICICI Direct
2024-01-18 10:19:26 am
UPL shines on getting nod to raise upto Rs 4,200 crore UPL is currently trading at Rs. 593.50, up by 11.80 points or 2.03% from its previous closing of Rs. 581.70 on the BSE. The scrip opened at Rs. 588.00 and has touched a high and low of Rs. 594.00 and Rs. 586.70 respectively. So far 11389 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 780.00 on 17-Feb-2023 and a 52 week low of Rs. 528.35 on 31-Oct-2023. Last one week high and low of the scrip stood at Rs. 614.45...
UPL shines on getting nod to raise upto Rs 4,200 crore
UPL shines on getting nod to raise upto Rs 4,200 crore
Source: Accord Fintech
2023-12-26 09:53:14 am
UPL rises on incorporating step-down subsidiary in South Africa UPL is currently trading at Rs. 567.95, up by 2.05 points or 0.36% from its previous closing of Rs. 565.90 on the BSE. The scrip opened at Rs. 570.95 and has touched a high and low of Rs. 571.75 and Rs. 567.40 respectively. So far 50247 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. 528.35 on 31-Oct-2023. Last one week high and low of the scrip stood at Rs. 571.75 ...
UPL rises on incorporating step-down subsidiary in South Africa
UPL rises on incorporating step-down subsidiary in South Africa
Source: Accord Fintech
2023-11-23 12:29:16 pm
Buy UPL Ltd For Target Rs. 800 - JM Financial Institutional Securities Yet another challenging quarter UPL’s 2QFY24 EBITDA missed JMFe and consensus estimates by 30% and 36%, respectively. This weak earnings print clearly indicates the headwinds faced by generic agrochemicals players on account of significant weakness in realisation due to global destocking issues and tactical purchases and cost management rationalisation by distributors. Owing to these challenges, the management has cut its FY24 EBITDA growth guidance to 0 to negative 5% (from 3-7% ear...
Buy UPL Ltd For Target Rs. 800 - JM Financial Institutional Securities
Buy UPL Ltd For Target Rs. 800 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
2023-11-03 02:25:18 pm
Buy UPL Ltd For Target Rs.771 - Centrum Broking Ltd Global agrochem headwinds persist Consecutively for the third quarter, UPL reported dismal performance with YoY Revenue/ EBITDA decline of 18.7%/ 45.8% while reporting loss of Rs1.9bn. Performance remained muted across the verticals with relatively lower impact from Advanta. In Q2FY24, Differentiated and sustainable solutions revenues grew by 9% YoY, led by 17% volume growth supported by new products. Management cited UPL’s increased market share globally amidst the challenging times...
Buy UPL Ltd For Target Rs.771 - Centrum Broking Ltd
Buy UPL Ltd For Target Rs.771 - Centrum Broking Ltd
Source: Centrum Broking Limited
2023-11-01 03:10:58 pm
16 large-cap stocks hit 52-week high; Maruti, Ultratech Cement at all-time high Maruti Suzuki and Ultratech Cement stocks hit all-time high prices on Thursday, as per BSE data.Maruti Suzuki hit an all-time high of Rs 10,575 on Thursday on the BSE, while Ultratech Cement hit an all-time high of Rs 8,703.BSE 100 stocks that hit a new 52-week high include Axis Bank at Rs 1,022, Bank of Baroda at Rs 213.15, Bharti Airtel at Rs 920, Grasim at Rs 1,953, Hindalco at Rs 508.80, Indusind Bank at Rs 1,466.90, ONGC at Rs 188.80, Tata Consumer at Rs 899, Tata Steel at Rs 134.25, and...
16 large-cap stocks hit 52-week high; Maruti, Ultratech Cement at all-time high
16 large-cap stocks hit 52-week high; Maruti, Ultratech Cement at all-time high
Source: IANS
2023-09-15 10:01:59am