Shares of UPL Limited fell 10% to Rs 677 on Monday following the company’s announcement of a major restructuring and a downgrade by Nuvama Institutional Equities to ‘Hold’. UPL has unveiled a plan to ...
UPL share price: Shares of agrochemical player UPL Limited cracked 13% on Monday, February 23, after the company announced a group structuring plan to integrate its Indian and overseas crop protection ...
Shares of UPL Ltd witnessed a sharp drop in Monday's trading session following the company's restructuring announcement. At last check, the stock was trading 14.69 per cent lower at Rs 641.30. Nuvama ...
Currently, UPL holds its Indian and global crop protection businesses in separate entities. Other businesses include 70% subsidiary Advanta for seeds, and wholly owned subsidiary Superform Chemistries ...
Brokerage feedback suggests that UPL's restructuring plan does not materially address leverage concerns. Nuvama downgraded the rating on UPL stock to ‘hold’ from ‘buy’, but has raised its target price ...
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