The downgrade follows UPL's announcement of a composite scheme to consolidate its global crop protection operations into a newly structured entity, UPL Global, which will be separately listed ... .
Nuvama’s Ebitda estimates for UPL don’t appear to be on the higher side compared to AntiqueStock Broking and Motilal OswalFinancial Services. Even the valuation multiples assigned are in sync with those of global peers for each business ....
UPLLimited's shares fell 13% following the announcement of a group restructuring aimed at integrating its Indian and international crop protection businesses, leading to negative reactions from brokerages and investors ....
Top picks include state-owned explorer ONGC, agrochemical major UPL, defence and aerospace player DataPatterns, and EV manufacturer Ather Energy, alongside a short-selling strategy for aviation giant... .