Home / Markets / News / UPL gains 7% in four days on hopes of margin expansion

UPL gains 7% in four days on hopes of margin expansion

Brokerages CLSA and Emkay Global Financial Services have recommended 'buy' rating on UPL with target prices of Rs 1,100 and Rs 910, respectively.

Premium

Even after a 23 per cent rise in shares of the company over the past month, analysts maintain their positive stance and see further upside.

SI Reporter Mumbai

2 min read Last Updated : Jan 10 2022 | 11:27 AM IST

Shares of UPL were up 3.6 per cent at Rs 817.50 in Monday’s intra-day trade, quoting higher for the fourth straight trading day, and having rallied 7 per cent during the period on hopes of margin expansion. The market price of the company, a global leader of crop protection products and sustainable agricultural solutions, had hit a 52-week high of Rs 864.75 on June 8, 2021.

Brokerage firms CLSA and Emkay Global Financial Services have recommended ‘buy’ rating on UPL with target prices of Rs 1,100 and Rs 910, respectively.

UPL is aiming for a 25 per cent

Topics : Buzzing stocks UPL Markets stock markets

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in