JM Financial Recommends Large Cap Agrochemical Stock Offering 48% Potential Return, Buy

Leading brokerage firm JM Financial has recommended investors to buy large cap Agro Chemicals sector stock, UPL Ltd with a target price of Rs 1060 apiece. If you buy shares of UPL Ltd at current market price of Rs 715 apiece, you will get potential return of 48%. It is a company with high TTM EPS growth. The stock has a dividend yield of 1.40%. The stock has a market capitalisation of Rs 54,675 crore. Check key details below:

1. UPL Ltd Stock Performance, Financial Outlook

The last trading price of the stock is Rs 715 apiece with an intraday decline of 0.56%. The stock's 52-week high is Rs 848 apiece and 52-week low is Rs 607 apiece, respectively.

The stock for the quarter ended September 30, 2022 declared consolidated total income of Rs 12,585 crore, up 15% from last quarter total income of Rs 10, 894 crore.

2. UPL Return And Dividend History

The stock has given return of 4% in last 3-months, declined 6% in last 1-year, 21% in last 3-years, and 37% return in last 5-years.

The company for the year ended March 2022 announced an equity dividend of 500% or Rs 10 per share. At the current market price of Rs 715, the dividend yield is 1.40%.

3. UPL Ltd About

UPL Limited is a renowned global generic crop protection chemicals and seeds company. The large cap company came into existence in 1985. It is engaged in the business of agrochemicals industrial chemicals and chemical intermediates.

They operate in three segments: agro chemical industrial chemicals and others. The agro chemicals segment consists of agrochemicals technicals and formulations. The industrial chemicals segment consists of industrial chemicals and speciality chemicals.

Disclaimer

The stocks has been picked from the brokerage report of JM Financial. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.