Buy UPL Ltd. target Rs 1100: Blue Ocean Strategic Advisors

Blue Ocean Strategic Advisors has buy call on UPL Ltd. with a target price of Rs 1,100. The current market price of UPL Ltd. is 870. Time period given by analyst is Short Term when UPL Ltd. price can reach defined target. Blue Ocean Strategic Advisors recommended to keep stoploss at Rs 800.
UPL Ltd., incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 43131.95 Cr.) operating in Chemicals sector.
UPL Ltd. key Products/Revenue Segments include Agrochemicals which contributed Rs 5333.12 Cr to Sales Value (84.94 Rs of Total Sales), Hybrid Seeds which contributed Rs 280.91 Cr to Sales Value (4.47 Rs of Total Sales), Chemicals (Industrial) which contributed Rs 250.07 Cr to Sales Value (3.98 Rs of Total Sales), Raw Materials which contributed Rs 189.05 Cr to Sales Value (3.01 Rs of Total Sales), Export Incentives which contributed Rs 97.36 Cr to Sales Value (1.55 Rs of Total Sales), Other Operating Revenue which contributed Rs 63.41 Cr to Sales Value (1.00 Rs of Total Sales), Others which contributed Rs 41.17 Cr to Sales Value (0.65 Rs of Total Sales), Job Work which contributed Rs 15.98 Cr to Sales Value (0.25 Rs of Total Sales) and Sale of services which contributed Rs 7.47 Cr to Sales Value (0.11 Rs of Total Sales)for the year ending 31-Mar-2016.
For the quarter ended 31-03-2017, the company has reported a Consolidated sales of Rs 5341.36 Cr., up 38.57 from last quarter Sales of Rs 3854.61 Cr. and up 24.44 from last year same quarter Sales of Rs 4292.23 Cr. Company has reported net profit after tax of Rs 729.05 Cr. 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.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 31-03-2017, the company has a total of 464,656,056 shares outstanding.