Dear All,
Buy UNITED PHOSPHORUS (UPL) at 161-165 for target 197 and 210 .
Immediate support is at 158.
Reasons :
Posted 31% increase in consolidated net profit at Rs 154.63 crore for the second quarter ended September 30 on account of higher sales. The company had clocked a net profit of Rs 119.80 crore in the same quarter a year-ago.
Total income of the company increased to Rs 2,331.64 crore during July-September quarter of this financial year from Rs 1,856.02 crore in the same period last year, t
Top line looks very good and bottom line improving qtr by qtr.
Most of the analysts are very very bullish on the stock.
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NOTE: WORST IS NOT OVER FOR THE WORLD
ECONOMY
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