As of February 3, 2025, here are the latest updates regarding UPL Ltd’s share price:
- Current Share Price: UPL shares surged over 5%, reaching a 52-week high of ₹636.80 during trading on February 3, 2025. The stock was trading at approximately ₹632.60 around 9:31 AM IST.
- Recent Upgrade: The brokerage firm Investec upgraded UPL’s rating from ‘Sell’ to ‘Buy’ and raised its price target by 56% from ₹450 to ₹700. This new target implies a potential upside of about 16% from the recent closing levels.
- Operational Performance: UPL reported a net profit of ₹828 crore for the latest quarter, compared to a net loss of ₹1,217 crore in the same quarter last year. Revenue increased by 10% to ₹10,907 crore, driven by a combination of volume growth (9%) and price growth (5%) despite some foreign exchange challenges.
- Debt Management: The company has successfully reduced its net debt by $745 million compared to the previous year and is expected to continue reducing debt levels through various measures in FY25.
- Market Capitalization: UPL Ltd currently has a market capitalization of approximately ₹45,359 crore.
- 52-Week Performance: The stock has shown significant growth over the past year, with a 52-week low of ₹429.71 and a high of ₹636.80 recently.
Overall, UPL Ltd is experiencing positive momentum in the market, driven by strong operational performance and favorable analyst ratings.
