Buy UPL, target Rs 885.0 : Kunal Bothra

Independent analyst Kunal Bothra has a buy call on UPL Ltd. with a target price of Rs 885.0 .The current market price of UPL Ltd. is Rs 831.1 Time period given by analyst is Intra Day when UPL Ltd. price can reach defined target. Kunal Bothra recommended to keep stop loss at Rs 800.0 .

UPL Ltd., incorporated in the year 1985, is a largecap company (with a market cap of ₹ 41760.46 crore) operating in Chemicals sector.

UPL Ltd. key Products/Revenue Segments include Agrochemicals which contributed ₹ 5333.12 Cr to Sales Value (84.94 % of Total Sales), Hybrid Seeds which contributed ₹ 280.91 Cr to Sales Value (4.47 % of Total Sales), Chemicals (Industrial) which contributed ₹ 250.07 Cr to Sales Value (3.98 % of Total Sales), Raw Materials which contributed ₹ 189.05 Cr to Sales Value (3.01 % of Total Sales), Export Incentives which contributed ₹ 97.36 Cr to Sales Value (1.55 % of Total Sales), Other Operating Revenue which contributed ₹ 63.41 Cr to Sales Value (1.00 % of Total Sales), Others which contributed ₹ 41.17 Cr to Sales Value (0.65 % of Total Sales), Job Work which contributed ₹ 15.98 Cr to Sales Value (0.25 % of Total Sales) and Sale of services which contributed ₹ 7.47 Cr to Sales Value (0.11 % 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 ₹ 5341.36 Cr., up 38.57% from last quarter Sales of ₹ 3854.61 Cr. and up 24.44% from last year same quarter Sales of ₹ 4292.23 Cr. Company has reported net profit after tax of ₹ 729.05 Cr. in latest quarter. The company’s CEO is Mr.R D Shroff. It's Board of Directors include Dr.Reena Ramachandran, Mr.A Balaji, Mr.A C Ashar, Mr.Anand Kantilal Vora, Mr.Anand Vora, Mr.Ashutosh Kumar Awasthi, Mr.Hardeep Singh, Mr.Isaac Thomas, Mr.J R Shroff, Mr.Jayaram Philkana, Mr.K Banerjee, Mr.M B Trivedi, Mr.Nitin Achyut Kolhatkar, Mr.Pradeep Goyal, Mr.Pradip Madhavji, Mr.R D Shroff, Mr.Ramachandra Bhat, Mr.Rohit Kumar, Mr.Sanjay Singhania, Mr.V R Shroff, Mr.Vasant P Gandhi, Mr.Vidya Sagar Kaushik, Mr.Vienay Chhibber, Mr.Vinayak Raman Sharma, Mr.Vinod Sethi, Mrs.S R Shroff, Mr.M B Trivedi. Company has its registered office at 8, Shri Krishna Commercial Centre,, Ground Floor, Opp. Raheja Solitaire,, 6, Udyog Nagar, Off S. V. Road,, Mumbai, 400062, Maharashtra. Company has SRBC & Co LLP as its auditors. As on 31-03-2017, the company has a total of 464,656,056 shares outstanding.