Name: Latest research reports of UPL Ltd. authored by Sharekhan and published by - Trendlyne research reports.
Item: UPL Ltd.
Rating: 5
Author: Sharekhan

Summary	Date	Stock	Author	LTP	Target	Price at reco (Change since reco%)	Upside(%)	Type	Report	Discuss
	15 Jul 2025	UPL	Consensus Share Price Target	673.80	725.66	-	7.70	buy	pdf Detailed Estimates
	08 May 2023	UPL	Sharekhan Target	673.80	880.00	682.90 (-1.33%)	Pre-Bonus/ Split	Buy	pdf post cache	Broker Report UPL Sharekhan pdf Copy Link Share on Share on Share on Share on Alert
	08 May 2023	UPL	Motilal Oswal Target	673.80	750.00	715.40 (-5.81%)	Pre-Bonus/ Split	Neutral	pdf post cache	Broker Report Higher agrochemical inventory to create near-term challenge Motilal Oswal pdf Copy Link Share on Share on Share on Share on Alert
	08 May 2023	UPL	ICICI Securities Limited	673.80	800.00	715.40 (-5.81%)	Pre-Bonus/ Split	Accumulate	pdf post cache	Broker Report Increase in supplies from China led to inventory losses; model impact to continue in H1FY24 ICICI Securities Limited Post lifting covid led restrictions, there is strong revival in supplies of agrochemicals from China and it has led to correction in prices of post-patent agrochemicals. Due to unfavourable supply: demand situation, UPL has reported inventory losses of ~Rs12bn in Q4FY23. pdf Copy Link Share on Share on Share on Share on Alert
	01 Feb 2023	UPL	ICICI Securities Limited	673.80	800.00	757.20 (-11.01%)	Pre-Bonus/ Split	Accumulate	pdf post cache	Broker Report Strong revenue growth; higher working capital days impacted RoCE ICICI Securities Limited UPL has reported sixth straight quarter of 18%+ YoY revenue growth indicating it has likely gained market shares in global agrochemical market. While favourable forex fluctuations have helped UPL, we note the chief reasons for strong performance are (1) steady launches of differentiated products and better connect with trade and (2) higher focus on developing markets such as India, Brazil and Mexico. pdf Copy Link Share on Share on Share on Share on Alert
	31 Jan 2023	UPL	Motilal Oswal Target	673.80	835.00	757.20 (-11.01%)	Pre-Bonus/ Split	Neutral	pdf post cache	Broker Report Higher realization continues to drive growth Motilal Oswal pdf Copy Link Share on Share on Share on Share on Alert
	02 Nov 2022	UPL	ICICI Securities Limited Target	673.80	800.00	717.55 (-6.10%)	Target met	Accumulate	pdf post cache	Broker Report Strong price-led growth ICICI Securities Limited Takeaways from Q2FY23: (1) while volume growth was a tad underwhelming, higher realisations resulted in 18.4% YoY growth in revenues. pdf Copy Link Share on Share on Share on Share on Alert
	02 Nov 2022	UPL	SMC online	673.80		738.85 (-8.80%)	Pre-Bonus/ Split	Results Update	pdf post cache	Broker Report UPL Limited SMC online pdf Copy Link Share on Share on Share on Share on Alert
	01 Nov 2022	UPL	Prabhudas Lilladhar Target	673.80	1070.00	717.55 (-6.10%)	Pre-Bonus/ Split	Buy	pdf post cache	Broker Report UPL LTD. Prabhudas Lilladhar pdf Copy Link Share on Share on Share on Share on Alert
	01 Nov 2022	UPL	Motilal Oswal Target	673.80	780.00	717.55 (-6.10%)	Target met	Neutral	pdf post cache	Broker Report Higher working capital adversely impacts CFO Motilal Oswal pdf Copy Link Share on Share on Share on Share on Alert
	23 Oct 2022	UPL	Prabhudas Lilladhar	673.80	1020.00	694.45 (-2.97%)	Pre-Bonus/ Split	Buy	pdf post cache	Broker Report UPL LTD. Prabhudas Lilladhar pdf Copy Link Share on Share on Share on Share on Alert
more loading

Near 52W High of ₹699.45

UPL Ltd. share price target

UPL Ltd. has an average share price target of 736. The consensus estimate represents an upside of 9.23% from the last price of 673.80. View 5 reports from 4 analysts offering long-term price targets for UPL Ltd..

UPL

Higher agrochemical inventory to create near-term challenge

Increase in supplies from China led to inventory losses; model impact to continue in H1FY24

Strong revenue growth; higher working capital days impacted RoCE

Higher realization continues to drive growth

Strong price-led growth

UPL Limited

UPL LTD.

Higher working capital adversely impacts CFO

UPL LTD.

Advisor Screeners