UPL Limited up by 7 percentage: Traders Market Update | Espresso

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Espresso shot of the day – UPL LTD up by 7 percentage

January 18, 2021
Espresso shot of the day – UPL LTD up by 7 percentage

UPL 561.20  (+7.39%)   BSE – INE628A01036| 18th JAN 2021

Binge graph UPLltd

UPL Limited is an Indian multinational company that manufactures and markets agrochemicals, industrial chemicals, chemical intermediates and specialty chemicals and also offers crop-protection solutions. Headquartered in Mumbai, Maharashtra, the company engages in both agro and non-agro activities. UPL Ltd. is the 5th largest agrochemical company in the world. After the acquisition of Arysta LifeScience, UPL is a global leader in global food systems. With a revenue of USD 3.14 billion, UPL is now present in 130 plus countries. UPL has market access to 90% of the world’s food basket and is focused on ushering growth and progress for the complete agricultural value chain, including growers, distributors, suppliers and innovation partners.

Recent Drivers

UPL Ltd. has won the Sixth CII Industrial Intellectual Property Awards 2020. UPL has also won an award in the category of Best Patent Portfolio, Large (Lifescienes/Pharma) for its pioneering Intellectual Property research and innovation.

UPL has completed the pre-payment of USD 410 million of 3.25% senior notes due in October 2021. The company is on track to meet its guidance of reducing overall debt by USD 700 million in the current financial year. UPL said it had reduced its gross debt by Rs 770 crores.

Net Sales at Rs 8,939.00 crores in Sept 2020 | Up 14.35% from Rs 7,817 crores in Sept 2019.

Quarterly Net Profit at Rs 463 crores in Sept 2020 | Up 420.22% from Rs 89 crores in Sept 2019.

Mutual Funds have raised holdings in UPL from 4.54% to 5.2% in the Sept 2020 quarter

(Source: Moneycontrol, Economic Times, BSE, United News of India, Business Standard, Business Today)

Technical Force*

S&P BSE 500 month till date gain up by 2.26%

Spurt in volume by more than 3.89 times compares to previous volume

Stock price has jumped more than 100% in one year low level – 240.15, Mar 23, 2020

Daily RSI (14) is in overbought territory for 2 periods

52-week high – 601 | 52-week low – 240.30

Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

1015.23

815.02

640.73

440.52

266.23

66.02

-

-

Fibonacci Pivot

815.02

671.96

583.58

526.65

440.52

354.38

297.46

209.08

66.02


Today’s Close

561.20

SMA

BSE

10 DAY

501.28

20 DAY

479.02

50 DAY

454.99

200 DAY

445.43

Some Key Ratios (Source: BSE)

Market Cap: 42878.23 crores

PE: 146.80

OPM%: 13.06

ROE%: 3.48

Prev. Close: 522.60

* Chart And Technical Force data taken from the Binge desktop app.

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.