Thursday, April 1, 2021

UPL DANCED ON MY TUNE

 UPL Ltd., incorporated in the year 1985  is a Large Cap company (having a market cap of Rs 49032.Operating in  Pesticides/Agro Chemicals sector. 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. UPL has been struggling to sustain above its long term mean+1*sigma levels since September 2019. As the stock was able to move above these levels in the recent up move, further momentum towards its 2*sigma, placed above Rs 700 cannot be ruled out.
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