Page 6 - Upl

UPL makes the right moves with mega debt retirement plan

Healthy fundamentals and expectation of a strong second half of 2020-21 cheer investors

Agrochemicals firm UPL completes pre-payment of $410 million senior notes

Agrochemicals manufacturer UPL has completed the pre-payment of $410 million of 3.25 per cent senior notes due in October 2021

Stocks to watch: JSPL, Jindal Stainless, HDFC Bank, IIFL Securities

JSPL said it has received the 'regular rail supplier' status from the Indian Railways

UPL recovers a day after tumbling 11%; here is what brokerages say

In a clarification on the reports, the company said that this was an old matter and was reported to the audit committee in 2017.

Top headlines: Tata's reject Mistry's offer; TVS changes ownership model

From Tatas rejecting Mistrys' settlement offer to divide Tata Sons' assets to Mittal, Musk betting on satellite broadband as telecom's new star, here are top headlines this morning

UPL shares slump on fund-diversion charge; firm denies allegations

The stock closed at Rs 438 a share, down 10.94 per cent, with a market capitalisation of Rs 33,499 crore

UPL tanks 15% on whistleblower complaint; BSE seeks clarification

According to reports, the whistleblower has alleged that UPL entered into rent deals with the shell company owned by its employees. UPL has denied these allegations.

UPL dips 12% in three days post Q2 results; stock hits over four-month low

The company reported a lower-than-expected operational and profit performance in September quarter (Q2FY21)

UPL reports over two-fold jump in net profit at Rs 537 cr in Sept quarter

Its net profit stood at Rs 202 crore in the year-ago period

UPL stock tanks after auditor of Mauritius subsidiary steps down

The communication on Thursday said that the auditor of the UPL Corporation (UPL's Mauritius subsidiary), KPMG Mauritius, had resigned with effect from October 8, 2020

UPL dips 9% post resignation of auditors of material arm based in Mauritius

The company informed that M/s. KPMG, Mauritius has resigned as the auditor of UPL Corporation Limited w.e.f. 8th October, 2020, it said.

Stock recommendations by Nilesh Jain of Anand Rathi: Buy UPL, Sell M&M Fin

The stock of UPL is making a higher top and higher bottom formation on the daily chart which indicates every decline will attract fresh buying interest from lower levels

Here's a Bull Spread Strategy on UPL by Nandish Shah of HDFC Securities

Short term trend of the stock is positive where stock price is trading above its 5- and 20-day Moving Averages

Nifty view and stock calls by Anand Rathi: Buy Glenmark Pharma, MPhasis

Glenmark Pharma's stock is taking the support of a rising trend line

UPL: Favourable conditions in key markets to boost growth in coming qtrs

However, strong India business and margin gains were better than expectations

UPL plans to raise about $500 million via bonds as economy is opened up

Moody's assigns Baa3 rating, says outlook stable for agrochemical company.

Fresh worries for agrochemical majors as govt considers banning 27 products

Net impact would depend on final list of chemicals to be banned and companies' move to diversify portfolio

Decline in debt, jump in stock: UPL gives investors a pleasant surprise

Update shows 24% fall in debt; Arystra merger synergies a key re-rating trigger

UPL shares gain 11% on biz update, expectation of net debt reduction

The company said it expects its net debt to be at approx. $ 2.9 billion as of March 31, 2020 as compared to $4.2 billion as on December 31, 2019

Top stock picks by CapitalVia Global Research: Buy HDFC Bank, UPL

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor