Stock market analysts are of the view that investors can buy United Phosphorus Ltd stock to achieve an intraday target of Rs 172-176.

According to them, investors can buy the stock above Rs 169 with a strict stop loss of Rs 166.

Shares of the company, on Wednesday (Dec 09), closed at Rs 168.20 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 186 and a low of Rs 73.05 on BSE.

Current EPS & P/E ratio of the stock stood at 11.47 & 14.22.

For the three month period ended September 2009, United Phosphorus has recorded a net PAT with income from associate co. of Rs 1023.30 million as against Rs 1220.40 million during the same quarter of 2008.

Company’s total income fell to Rs 11610.30 million from Rs 11648.40 million for the same period ended Sept. 30, 2008.

The company’s net sales declined 0.70% to Rs 11176 million.

It recorded an EPS of Rs 2.13, recording 21.4% fall over previous year period.

UPL, which is headquartered in Mumbai, Maharashtra, is an international generic crop safety, chemicals and seeds company

UPL has divisions in Mauritius, Denmark, Bangladesh, South Africa, Argentina, Taiwan, Zambia, Spain, Brazil, Russia, UK, Korea, New Zealand, China, Vietnam, Canada, Indonesia, France, Hong Kong, Japan, Australia, Mexico and USA.