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26 Oct 2016 | 1:45 PM
Research Report

Equity Research Report: Master Pick-UPL Ltd

UPL is planning to launch 69 active ingredients in different geographies as per the requirement which will help the company to drive revenue and margins in coming years. Currently, the company is among top 11 companies across the world in the agro-chemical space.
18 Dec 2015 | 05:21 PM

  • Recently, the company has announced its merger with its associate company Advanta. With the merger of Advanta into UPL, shareholders of the former will get one equity share of the latter for each held in Advanta, as well as three preference shares which can be redeemed (only after 18 months) or converted (any time after being issued).
  • The Company attributes the growth to its strategy of focusing on power brands and newly launched products that were well positioned to take advantage of the dry weather conditions.
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