UPL Ltd Gains Momentum as Subsidiary Expands Investment in Brazil Joint Venture

The company has a market cap of Rs 93,000 crore with a PE of 270x, an ROE of 6 per cent and an ROCE of 8 per cent.

The stock gave multibagger returns of 105 per cent from its 52-week low of Rs 74.75 per share.

The stock is up by 44 per cent from its 52-week low of Rs 253.70 per share and gave multibagger returns of 185 per cent in 3 years.

The stock is up by 88 per cent from its 52-week low of Rs 167 per share.

Both the FIIs and DIIs increased their stakes in the company in June 2024.

The stock is up by 98 per cent from its 52-week low of Rs 48.48 per share.

The shares of the company have a PE of 8x, an ROE of 53 per cent and an ROCE of 65 per cent. 

The stock gave multibagger returns of 114 per cent in just 1 year and a whopping 435 per cent in 3 years.

The stock gave multibagger returns of 300 per cent in just 1 year while the BSE Sensex Index is up by 25 per cent.

The stock gave multibagger returns of 110 per cent in just 1 year, 1,700 per cent in 3 years and a whopping 2,300 per cent in 5 years.

The company has appointed two industry veterans as advisors for the Middle East and North Africa (MENA) region: Mr Jerry White and Ms Anu Aga.

The company has a robust order book of Rs 2,600 crore as of March 31, 2023.

According to the quarterly results, the net sales decreased by 6.79 per cent to Rs 1,702 crore, operating profit increased by 33.33 per cent to Rs 132 crore and net profit increased by 9.30 per cent to Rs 47 crore in Q1FY24 compared to Q1FY23. In FY23, the net sales increased by 64.69 per cent to Rs 6,927 crore and net profit increased by 47.74 per cent to Rs 164 crore compared to FY22.

Talking about the financials, Kajaria Ceramics has a market cap of over Rs 21,000 crore with a 3-year stock price CAGR of 39 per cent. According to the quarterly results and annual results, the company reported positive numbers. The company has been maintaining a healthy dividend payout of 46.6 per cent.

The stock gave multibagger returns of 112 per cent in just 6 months and over 200 per cent in 1 year. The stock gave multibagger returns of 230 per cent in just 6 months and over 400 per cent in 1 year.

These initiatives mark a significant stride towards a sustainable and greener future.

According to the financials, the company reported excellent numbers in its quarterly results and annual results. The net sales increased by 30.37 per cent to Rs 837 crore and net profit increased by 86.21 per cent to Rs 54 crore in FY23 compared to FY22.

The venture will establish a manufacturing facility to produce gas meters. It will assemble and manufacture SKD and FM gas meters, and sell, distribute, and supply gas meters, HHU, and DCU. It will also assemble, manufacture, sell, distribute, and supply other meters, including water and utility meters.

Additionally, the company have received an order worth Rs 130 crore from Oil and Natural Gas Corporation Limited (ONGC). The order is for the Charter Hiring of 1 number of 90 MT Mobile Drilling Rigs for ONGC Bokaro and to provide a complete drilling rig and equipment conforming to the broad and general standards as mentioned in the technical specifications of the tender document. The order will be completed in 3 years from the commencement date of the contract.

During FY23, the company recorded net sales of Rs 130.28 crore, indicating a growth of 2.88 per cent compared to the previous year. Moreover, in FY23, the company achieved a net profit of Rs 3.47 crore, a significant improvement from the net loss of Rs 1.30 crore reported in FY22.

Indian Oil Corporation Limited (Indian Oil) and Praj Industries Limited (Praj) signed a term sheet to advance plans to strengthen biofuel production capacities in India. Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel and Bio-bitumen among others.

The Board of Directors proposed a final dividend of Rs 4.50 per equity share or 225 per cent of the face value of Rs 2 per equity share, for the financial year ended 31 March 2023, which is subject to the approval of shareholders at the forthcoming AGM. Furthermore, the company has an order book of Rs 3,414 crore as of March 31, 2023.

The company has a market cap of over Rs 23,000 crore and reported positive numbers in its quarterly results and annual results. The stock is up by 50 per cent in 1 year and gave multibagger returns of over 110 per cent in the span of 2 years.

The company has 3-year sales growth of 14 per cent (CAGR) and profit growth of 22 per cent (CAGR) for the last 3 years.

Today, shares of the company saw a spurt in volume by more than 13.80 times on BSE.  

Today, shares of this company surged 4.95 per cent to Rs 91.25 per share whereas shares of this company surged 2.09 per cent to Rs 1,197.35 per share.