BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Short (1M)
Nirmal Bang Recommends 'Accumulate' On UPL
According to Nirmal Bang, the sharp fall in UPL has been attributed to concerns over a potential demand slowdown, financial leverage and potential increase in tax payout. Some of these concerns are either premature or unsubstantiated at this stage, and in any case largely priced in, the brokerage adds.