Sell UPL, target Rs 660: Kunal Bothra

Independent analyst Kunal Bothra has a sell call on UPL Ltd. with a target price of Rs 660. The current market price of UPL Ltd. is Rs 684.7 Time period given by analyst is Intra Day when UPL Ltd. price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 700
UPL Ltd., incorporated in 1985, is a largecap company with a market cap of Rs 34874.69 crore.
UPL Ltd. key Products/Revenue Segments include Agrochemicals which contributed Rs 7107.00 Crore to Sales Value (97.66 % of Total Sales), Export Incentives which contributed Rs 88.00 Crore to Sales Value (1.20 % of Total Sales), Other Operating Revenue which contributed Rs 57.00 Crore to Sales Value (0.78 % of Total Sales), Job Work which contributed Rs 16.00 Crore to Sales Value (0.21 % of Total Sales) and Sale of services which contributed Rs 9.00 Crore to Sales Value (0.12 % of Total Sales)for the year ending 31-Mar-2017.
For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 5691.00 Crore, up 35.69 % from last quarter Sales of Rs 4194.00 Crore and up 6.55 % from last year same quarter Sales of Rs 5341.36 Crore Company has reported net profit after tax of Rs 773.00 Crore in latest quarter.
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.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 31-03-2018, the company has a total of 509,333,081 shares outstanding.
UPL Ltd., incorporated in 1985, is a largecap company with a market cap of Rs 34874.69 crore.
UPL Ltd. key Products/Revenue Segments include Agrochemicals which contributed Rs 7107.00 Crore to Sales Value (97.66 % of Total Sales), Export Incentives which contributed Rs 88.00 Crore to Sales Value (1.20 % of Total Sales), Other Operating Revenue which contributed Rs 57.00 Crore to Sales Value (0.78 % of Total Sales), Job Work which contributed Rs 16.00 Crore to Sales Value (0.21 % of Total Sales) and Sale of services which contributed Rs 9.00 Crore to Sales Value (0.12 % of Total Sales)for the year ending 31-Mar-2017.
For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 5691.00 Crore, up 35.69 % from last quarter Sales of Rs 4194.00 Crore and up 6.55 % from last year same quarter Sales of Rs 5341.36 Crore Company has reported net profit after tax of Rs 773.00 Crore in latest quarter.
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.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 31-03-2018, the company has a total of 509,333,081 shares outstanding.
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