Buy UPL, target Rs 840: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on UPL with a target price of Rs 840.

The current market price of UPL is Rs 812.25.

Time period given by the analyst is intraday when UPL price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 800.

UPL, incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 41,265.35 Crore) operating in Chemicals sector.

UPL key Products/Revenue Segments include Agrochemicals which contributed Rs 7,107 Crore to Sales Value (97.66 per cent of Total Sales), Export Incentives which contributed Rs 88 Crore to Sales Value (1.20 per cent of Total Sales), Other Operating Revenue which contributed Rs 57 Crore to Sales Value (0.78 per cent of Total Sales), Job Work which contributed Rs 16 Crore to Sales Value (0.21 per cent of Total Sales) and Sale of services which contributed Rs 9 Crore to Sales Value (0.12 per cent of Total Sales)for the year ending 31-Mar-2017.

The company's top management includes Dr.Reena Ramachandran, Mr.A C Ashar, Mr.Hardeep Singh, Mr.J R Shroff, Mr.K Banerjee, Mr.Pradeep Goyal, Mr.Pradip Madhavji, Mr.R D Shroff, Mr.V R Shroff, Mr.Vasant P Gandhi, Mr.Vinod Sethi, Mrs.S R Shroff.

Company has SRBC & Co LLP as its auditors.

As on 30-09-2017, the company has a total of 508,037,582 shares outstanding.