India's UPL rises on report of unit's deal with PepsiCo

UPL

03/10/2025 09:49

** Shares of agrochemicals maker UPL UPLL.NS rise 2.3% to 676.40 rupees

** UPL's unit Superform is in advanced talks with PepsiCo PEP.O for a long-term supply partnership, CNBC TV-18 reports, citing sources

** Both companies did not immediately respond to a Reuters request for comment

** 17 analysts have a "buy" rating on UPL on avg; median PT is 750 rupees - data compiled by LSEG

** UPLL up ~35% YTD

 (Reporting by Urvi Dugar)

 ((UrviManoj.Dugar@thomsonreuters.com;))