India's UPL hits more than 3-yr low

UPL

13/03/2024 09:48

** Shares of UPL  UPLL.NS  fall as much as 5% to 450.25
rupees, their lowest since December 2020
    ** Reuters could not immediately verify a reason for the
stock move
    ** Stock last down 4.4%, on track for third straight session
of decline
    ** At least 20 analysts have cut PT on "buy"-rated stock
since it posted a Q3 loss on Feb. 2 - LSEG
    ** Median PT 565 rupees vs. 684.50 rupees 2 months ago -
LSEG
    ** Stock down ~23% YTD, on track for third straight annual
decline
    

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))