NIFTY 50

Citi on UPL: Opening 90-day positive catalyst watch

Updated : December 09, 2020 12:17:35 IST

UPL stocks are trading higher in today’s trade after Citi bets on the company.

Citi has turned positive on the stocks, in fact, they are opening a 90- day positive catalyst watch.

A lot of factors - first of which is that the global agri commodity prices have been very buoyant in recent months and this sets a stage for a healthy third quarter for UPL is what Citi believes.

CNBC-TV18’s Sonal Bhutra gives more details.

To know more, watch the video.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you