Add UPL, target price Rs 665: ICICI Securities

ICICI Securities has add call on UPL with a target price of Rs 665. The current market price of UPL Ltd. is Rs 649.95.
UPL Ltd., incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 49697.34 Crore) operating in Pesticides/Agro Chemicals sector.

Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 9193.00 Crore, up 1.99 % from last quarter Total Income of Rs 9014.00 Crore and up 3.15 % from last year same quarter Total Income of Rs 8912.00 Crore. Company reported net profit after tax of Rs 951.00 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 27.9 per cent stake in the company as of Dec 30, 2020, while FIIs held 35.8 per cent, DIIs 15.9 per cent and public and others 20.4 per cent