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 'Buy' On UPL
According to Nirmal Bang, the issuance of dollar-denominated perpetual subordinated capital securities by its unit will help UPL reduce its net debt by $275 million with 50 of the new notes treated as debt (assuming the company raises at least $550 million).