UPL Ltd.

NSE: UPL | BSE: 512070 | ISIN: INE628A01036 | Industry: Agrochemicals
| Strong Performer, Under Radar
673.8000 14.30 (2.17%)
NSE Jul 15, 2025 15:31 PM
Volume: 1.7M
 

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UPL Ltd.
10 Jan 2019
673.80
2.17%
Geojit BNP Paribas
LATAM drives revenue growth; steady volume growth Revenue rose by 13% YoY in Q2FY19 led by strong performance in India and LATAM businesses (contributing around 66% of total sales). LATAM business registered a strong revenue growth of 26% YoY in Q2FY19 led by decent growth across geographies in the region especially Brazil barring Argentina which was impacted by currency depreciation and overall economic situation. LATAM's revenue contribution has increased to 41% during the quarter from 37% in Q2FY18. Management expects strong performance to continue in LATAM in H2FY19 as well led by advance orders received in Brazil. Going ahead, we expect LATAM revenue to grow at a CAGR of 13% over FY18-20E on the back of strong...
UPL Ltd. has an average target of 736.00 from 4 brokers.
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