Investment_ UPLNamaste!
UPL is a very good pick for investing, from Nifty 50 stocks.
Why?
1. It has an average EPS of Rs 29.50 since the last 6 years.
2. It is from the agriculture chemical sector, which is a good sector to invest in. The sectors I don't recommend are Aviation, Telecom, Etc.
3. It's IV is Rs 1390, if 29.50 EPS and 6.1% (India 10-Year Bond Yield) is considered. Currently the bond yield is 7.4%.
4. It has corrected enough, hence it becomes more lucrative to me and other value investors. If you have any questions, please feel free to ask me.
The buy price should be at high of Rs 672. I will be trailing entry prices (if not executed) in the comment section.
Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment does not guarantee a fixed return due to volatile nature of markets. Please do your analysis and/or consult your financial advisor before investing.
