UPL Ltd. Stock Sees Decline, Rated as 'Sell' by MarketsMOJO

Aug 02 2024 03:05 PM IST
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UPL Ltd., a leading player in the pesticides and agrochemical industry, has seen a decline in its stock price, with a 3.45% decrease on August 2, 2024. This is reflected in the 'Sell' rating given by MarketsMojo. The stock has underperformed the sector and the overall market, indicating a mixed trend in the short term.

UPL Ltd., a leading player in the pesticides and agrochemical industry, has recently seen a decline in its stock price. On August 2, 2024, the company's stock lost 3.45%, closing at Rs. 540.75. This decline has been reflected in the stock call given by MarketsMOJO, which has rated UPL's stock as 'Sell'.

In terms of performance, UPL has underperformed the sector by 2.22% on the same day. This is also the second consecutive day of decline for the company's stock, with a total loss of 4.95% in the two-day period. The stock also touched an intraday low of Rs. 538.4, a decrease of 4.05%.

While UPL's stock is currently trading higher than its 100-day and 200-day moving averages, it is lower than its 5-day, 20-day, and 50-day moving averages. This indicates a mixed trend for the company's stock in the short term.

In comparison to the overall market performance, UPL's stock has underperformed the Sensex by 4.01% in the last 1 day and 4.91% in the last 1 month. This suggests that the company's stock has not been able to keep up with the market's performance.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative overview of UPL's recent stock performance. Investors are advised to do their own research and analysis before making any investment decisions.
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