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UPL rises on receiving environmental clearance for Rs 353 crore pesticide unit expansion in Gujarat

16 Dec 2019 Evaluate

UPL is currently trading at Rs. 571.70, up by 7.20 points or 1.28% from its previous closing of Rs. 564.50 on the BSE.

The scrip opened at Rs. 568.00 and has touched a high and low of Rs. 572.15 and Rs. 568.00 respectively. So far 1602 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 709.25 on 05-Jul-2019 and a 52 week low of Rs. 481.47 on 24-Dec-2018.

Last one week high and low of the scrip stood at Rs. 580.50 and Rs. 552.05 respectively. The current market cap of the company is Rs. 43128.32 crore.

The promoters holding in the company stood at 27.89%, while Institutions and Non-Institutions held 54.79% and 9.05% respectively.

UPL has received the environment clearance from the government for its Rs 353.43 crore pesticide unit expansion project in Bharuch district of Gujarat. The proposed project is for expansion of the manufacturing capacity of existing products of pesticide technical grade, intermediate products and  solid/liquid formulations and also for adding new products.

The company plans to increase the capacity of pesticide unit from 1,520 tonne per month (TPM) to 4,720 TPM and pesticide-specific intermediate from 1,120 TPM to 2,100 TPM at Ankleshwar in Bharuch.

UPL 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

631.50 -10.80 (-1.68%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
UPL 631.50
PI Industries 3080.40
Bayer CropScience 4678.90
Sharda Cropchem 1110.00
Sumitomo Chemical 435.40
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