CMP : 584
Target Price : 684
For 1QFY2017, United Phosphorus (UPL) posted sales of Rs3,452cr V/s Rs3,205cr
in 1QFY2016, ie a growth of 7.7% yoy. All markets posted double digit growth
except for India and the USA, which posted growth of 1% and 5% respectively.
Growth was on the back of 8% volume growth, while price dip contributed 2%,
and exchange rate accounted for ..