UPL gains after bulk deal

UPL rose 1.89% to Rs 317.55 at 10:36 IST on BSE after 0.11% equity changed hands in a bulk deal on BSE today, 18 December 2014.

A bulk deal of 5.02 lakh shares was executed on the United Phosphorus counter at Rs 321.50 per share at 09:48 IST on BSE today, 18 December 2014.

Meanwhile, the S&P BSE Sensex was up 263.75 points or 0.99% at 26,973.88

On BSE, so far 7.09 lakh shares were traded in the counter as against average daily volume of 1.45 lakh shares over the past one quarter.

The stock hit a high of Rs 323.45 and a low of Rs 316 so far during the day. The stock had hit a record high of Rs 388.20 on 9 September 2014. The stock had hit a 52-week low of Rs 173 on 16 December 2013.

The stock had underperformed the market over the past one month till 16 December 2014, sliding 16.38% compared with the Sensex's 4.51% fall. The scrip had also underperformed the market in past one quarter, falling 11.6% as against Sensex's 1.09% rise.

The large-cap company has equity capital of Rs 85.72 crore. Face value per share is Rs 2.

UPL reported 7.4% rise in consolidated net profit to Rs 166.06 crore on 13.6% growth in total income to Rs 2679.43 crore in Q2 September 2014 over Q2 September 2013.

UPL, formerly known as United Phosphorus, is a global generic crop protection, chemicals and seeds company.

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