NEW YORK, December 29, 2025, 00:05 ET
- UPL shares rose about 0.4% in early Mumbai trade, within roughly 1% of a 52-week high. 1
- Indian benchmarks opened little changed as thin year-end volumes and foreign outflows kept risk appetite in check. 2
- A Geojit strategist said the market may stay in a consolidation phase near term. 2
Shares of UPL rose in early trade on Monday, keeping the Indian agrochemicals maker close to its 52-week peak as investors stayed selective in thin year-end dealing. 1
The move matters because UPL has been one of the better-performing stocks in recent months, even as broader Indian equities have struggled to build momentum amid persistent foreign selling and muted liquidity. 1
Indian shares opened marginally higher, but gains were limited by concerns about foreign fund outflows and subdued year-end volumes, ETMarkets reported. 2
UPL was last traded at 777.40 rupees, up 0.44% from its previous close of 774.05 rupees, according to Economic Times data. 1
The stock had ended the prior session on Dec. 26 up 0.18% at 774.05 rupees, a liveblog on the Economic Times site showed. 3
UPL’s market value stood at about 65,789.82 crore rupees (about 658 billion rupees), with a trailing price-to-earnings ratio of about 30, Economic Times data showed. 1
The stock’s 52-week high is 786.30 rupees and its 52-week low is 493.00 rupees, according to the same data. 1
UPL is up about 18.8% over the past three months and about 54.9% over the past year, based on Economic Times returns data. 1
The Economic Times’ technical readout flagged a “weekly stochastic crossover” in the week ended Dec. 26 — a momentum signal traders use to spot shifts in buying pressure — and said similar signals have been followed by an average 8.32% gain within seven weeks over the past decade. 1
Analyst sentiment tracked by the Economic Times showed a “buy” consensus from 18 analysts, with targets ranging from 613 rupees at Centrum Broking to 880 rupees at JM Financial. 1
In India’s pesticides and agro-chemicals space, UPL competes with companies such as PI Industries, Bayer Cropscience and Rallis India, according to an Economic Times peers list. 4
“The consolidation phase is likely in the near-term,” said Dr. VK Vijayakumar, chief investment strategist at Geojit Investments, in an ETMarkets note on Monday’s market open. 2
Institutional flow data cited by ETMarkets showed foreign institutional investors were net sellers of a little over 317 crore rupees on Dec. 26, while domestic institutions were net buyers of 1,772 crore rupees. 2
UPL remained on traders’ radar after Economic Times said last week the stock broke out of a month-long consolidation and hit a fresh record high in December. 5
