Sell This Agro Chemicals Sector Stock For Target Price Of Rs 644: ICICI Direct

ICICI Direct has given a call to sell the stock of UPL Ltd for a target price of Rs 644 apiece. The analyst has given a time period of one day. The current market price of UPL Ltd is Rs 670 apiece with an intraday gain of 2.18%. Check key takeaways below:

1. UPL Ltd Stock Outlook

The 52-week high of UPL Ltd is Rs 848 apiece and 52-week low is Rs 607 apiece, respectively. The stock opened today at Rs 659 apiece, touched the intraday high of Rs 672 apiece and intraday low of Rs 655 apiece.

2. UPL Ltd Market Capitalisation

The company has a market capitalisation of Rs 51,275 crore at the time of writing the report.

3. UPL Ltd Latest Quarterly Results

The company declared for quarter ended June 30, 2022 a consolidated total income of Rs 10,894 crore, down 31% from previous quarter total income of Rs 15,977 crore. UPL Ltd also declared net profit after tax at Rs 975 crore in the latest quarter.

4. UPL Ltd 5 Years Return

The company has given a return of 29% in the last 5 years, 11% in the last 3 years, and declined 5% in the last 1 year. The stock has gained 6% in the last 3 months.

5. UPL Ltd About

UPL group is the 5th largest agrochemical company in the world that offers an integrated portfolio of crop protection solutions & biosolutions. It offers an integrated portfolio of both patented and post-patent agricultural solutions for various arable and specialty crops, including biological, crop protection, seed treatment and post-harvest solutions covering the entire crop value chain. It is a large-cap company that came into existence in 1985.

Disclaimer

The stock has been picked from the brokerage report of ICICI Direct. 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.