Why UPL share price is falling and China's impact. #stocks

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How actions by China can impact a company in India?

So Chinese agrochemical companies dumped their entire inventory into the global markets which increase the supply and hence killing the price.
So our Indian global companies like UPL had to pay the price.
Because of lower price, the operational profit margin of UPL, decreased and even sunk down in negative figures.

The problems didn't end here for UPL. This was the 50th company nifty 50 index and because of index balancing rules it had to be removed.
But amongst all these problems, there is still one ray of hope
The Chinese low price inventory has to run out someday or the other, it is expected to stabilise by Q2 of FY 25.

UPL company has not shut down any of its plants. Therefore no long-term damage has been incurred. The share price is trading at a huge discount. Long-term investors usually collect the stocks at these levels.

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