The stock hasn’t done so well in the last one year, it is down 16 percent. Last three months it has seen very flattish moves and as far as valuations are concerned in the agrochemical universe it is one of the cheapest stocks. It is trading at 10.9 times its FY22 earnings.
A lot of news floating around their corporate governance issues and last month resignation of the auditor for their Malaysian subsidiary did put pressure on the stock.
CNBC-TV18’s Sonal Bhutra takes a deep dive and gets you a valuation check on UPL stock.Watch the video for more