UPL: Techno Fundamental Analysis
Somehow I have seen when there is an issue with monsoon (below par) this stock keeps on popping up in my radar. Reason: It's a AgroChem company (phosphate fertilizer producer #1).
I saw some analysts also giving Buy call in this. So before putting long term bet, was looking at the Funda-Techno Analysis of
UPL
Here are my thoughts:
Fundamental:
Technical:
However best way is to do is a SIP where one can accumulate over a period from 600-500 area for an upside of upto 760/780.
SIP levels are shown in the chart:
I saw some analysts also giving Buy call in this. So before putting long term bet, was looking at the Funda-Techno Analysis of
UPL Here are my thoughts:
Fundamental:
- DVM (Durability-Valuation-Momentum) score: 60-60-38 (Financially strong, valuationwise comfortable, technically neutral)
- Consensus price trg from analysts: 760 (28% upside) in 1 yr
- The consensus recommendation from 24 analysts for UPL Ltd. is BUY:
(11 Strong Buy, 6 Buy, 6 Hold, 1 Sell) - EPS is expected to grow by 6.4% in FY24
- EBIT is expected to grow by 7.1% in FY24
- Dividend per share is expected to grow by 6.4% in FY24
- Capital expenditure is expected to grow by 60.7% in FY24
Technical:
- In Monthly chart: It's actually in the golden zone of Fib series.
- See the RSI descending triangle .
- The current level is a good support area.
However best way is to do is a SIP where one can accumulate over a period from 600-500 area for an upside of upto 760/780.
SIP levels are shown in the chart:
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