Buy UPL, target price Rs 910: Emkay Global

Emkay Global has buy call on UPL Ltd. with a target price of Rs 910. The current market price of UPL Ltd. is Rs 727.6. Time period given by analyst is one year when UPL Ltd. price can reach defined target.

UPL Ltd., incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 54533.74 Crore) operating in Pesticides/Agro Chemicals sector.

UPL Ltd. key Products/Revenue Segments include Agrochemicals, Other Operating Revenue, Export Incentives, Royalty Income, Sale of services for the year ending 31-Mar-2021.



Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 11367.00 Crore, up 7.09 % from last quarter Total Income of Rs 10614.00 Crore and up 23.65 % from last year same quarter Total Income of Rs 9193.00 Crore. Company reported net profit after tax of Rs 1165.00 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 28.24 per cent stake in the company as of 31-Dec-2021, while FIIs owned 34.27 per cent, DIIs 18.65 per cent.