UPL Share: Earlier, UPL shares had strengthened 37 percent in January-March 2021 i.e. four years ago. Talking about today, it is currently trading at Rs 654.20 with a gain of 0.21 percent on BSE. It rose 0.60 percent to Rs 656.70 during trading during the day.
UPL shares surge due to management confidence
On 13 November 2024 last year, UPL shares were at a low of Rs 483.91, but despite the loss in the September quarter, the stock began to improve after the management left its guidance unchanged for FY 2025. The management of UPL has estimated an increase of 50 percent in operational profit and 4-8 percent in revenue. A few days ago, on 21 March 2025, it reached a one -year record of Rs 671.00. To reach this high level, it had recovered about 55 per cent from a record low of Rs 433.66 on 28 March 2024. It reached an all -time high of Rs 864.75 on 8 June 2021.
What is the trend of brokerage?
The UPL is above all important moving averages on the stock chart. Brokerage firm Investake last month upgraded the purchase of UPL’s rating and also increased the target price from Rs 450 to Rs 700. According to brokerage, the company will achieve its development goals based on improvement in global demand and operational efficiency. In a report of March 15, Incredrade also increased the target price of UPL from Rs 754 to Rs 1289, although there was no change in the add rating. Increded estimates that during the financial year 2025-27, the company’s revenue will increase by 11 percent of the annual growth rate (CAGR). Of the 24 analysts covering it, 16 have rated it to buy it, seven have rated it to hold it and one has rated it to sell it.
