UPL surges on inking pact with Benmore Technologies

31 Mar 2017

UPL is currently trading at Rs. 723.25, up by 9.10 points or 1.27% from its previous closing of Rs. 714.15 on the BSE.

The scrip opened at Rs. 717.00 and has touched a high and low of Rs. 725.00 and Rs. 717.00 respectively. So far 4940 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 754.50 on 25-Jan-2017 and a 52 week low of Rs. 449.20 on 06-Apr-2016.

Last one week high and low of the scrip stood at Rs. 735.00 and Rs. 711.00 respectively. The current market cap of the company is Rs. 36528.05 crore.

The promoters holding in the company stood at 30.27%, while institutions and non-institutions held 58.11% and 11.61% respectively.

UPL has entered into an agreement with Benmore Technologies to sell its entire stake, including all assets and liabilities, in Gibraltar-based step-down subsidiary Agro Trading. However, the company has not disclosed any financial details of the deal.

UPL (formerly United Phosphorus) is global player of crop protection products has customer base in 123 countries. It has subsidiary offices in Argentina, Australia, Bangladesh, Brazil, China, Canada, Denmark, Indonesia, France, Hong Kong, Japan, Korea, Mauritius, Mexico, New Zealand, Russia, Spain, Taiwan, South Africa, USA, UK, Vietnam and Zambia.

UPL Share Price

593.90 2.80 (0.47%) Apr 23, 10:25
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323