UPL LTD Q2 FY 20 Financial Highlight
Result Analysis :
• Revenue up by 83.6% at 7817 Cr (YOY)
• Net profit down by 60.9% at 111 Cr (YOY)
• EBITDA increased by 79.4% at 1471 Cr (YOY)
• EBITDA margin at 18.82% Vs 19.26% down by 44 bps (YOY)
View: Company has reported weak numbers.
Technical view- Hurdle around 620, breaks and close above 620 will see upside movement till 650 +++ levels in days to come. Support around 544, breaks and close below 544 will take it to 500 levels in days to come.