UPL stock: Price History and Returns
UPL.NSUPL's share price rose by 3.1% a year over the last 10 years, 35.2% in total (in INR). With dividends reinvested the return was +4.1% a year, +50% in total. The dividend yield is 1.07% today.
This shows what UPL Limited has returned on the stock market in the past. Past returns say nothing about the future.
Daily figure as of 14 Nov 2026
Share Price Since 2006
How UPL Has Performed
Since the low in October 2008 the share price has risen more than tenfold. The stock had recovered its largest drawdown of 66.1% between January 2008 and October 2008 by October 2010, 2 years after the low. The longest run of gains lasted from 2012 to 2017, six years in a row. The best year was 2014 at +75.3%, the weakest 2008 at −38.1%.
2025 was a strong year for the stock at +58.7%, against an average of +3.1% a year over the last 10 years. 8 of 19 full calendar years since 2007 ended with a loss. From 2022 to 2024 the stock fell three years in a row. Since the start of the year the stock is down 29.6%. Dividends added about 1.1 percentage points a year over 10 years.
How UPL Compares
Over 10 years UPL trailed the MSCI World: with dividends +0.7% a year against +12.9% for the index, in US dollars. Over one year, UPL trailed 85% of the 20 other stocks in the Agricultural Inputs industry. Over five years the figure was 60%. The highest share price returns over five years in the Agricultural Inputs industry came from Fertilisers And Chemicals Travancore, Coromandel International and CF Industries Holdings.
| Period | UPL | MSCI World |
|---|---|---|
| 1 year | −29.9% | +12.4% |
| 5 years | −8.8% | +10.1% |
| 10 years | +0.7% | +12.9% |
Returns of Industry Peers
Among its industry peers, Scotts Miracle-Gro led over one year (+9.3%) and ICL Group trailed furthest (−17.7%).
| Stock | 1 year | 5 years |
|---|---|---|
| Corteva | −5% | +29% |
| Coromandel International | −11.5% | +147.2% |
| ICL Group | −17.7% | −48.3% |
| Fertilisers And Chemicals Travancore | −10.7% | +584.6% |
| Scotts Miracle-Gro | +9.3% | −63.9% |
What Became of $1,000
$1,000 invested in UPL 20 years ago is worth $2,753 today, $3,054 with dividends reinvested.
With dividends means each dividend is reinvested at the closing price on the ex-date, before taxes and costs. The index is represented by an accumulating ETF, dollar amounts at ECB rates. Industry figures are share price returns only, in each exchange's currency, as of 14 Nov 2026.
Returns by period
| Period | Total | Per year |
|---|---|---|
| 1 year | −26.2% | −26.2% |
| 3 years | +5.5% | +1.8% |
| 5 years | −24.2% | −5.4% |
| 10 years | +35.2% | +3.1% |
| 15 years | +510.2% | +12.8% |
| 20 years | +475.2% | +9.1% |
Returns by calendar year
Figures as a table
| Year | Closing price | Return |
|---|---|---|
| 2026 to date | $5.94 | −29.6% |
| 2025 | $8.44 | +58.7% |
| 2024 | $5.32 | −11.1% |
| 2023 | $5.98 | −18% |
| 2022 | $7.29 | −4.1% |
| 2021 | $7.60 | +60.2% |
| 2020 | $4.75 | −20.2% |
| 2019 | $5.95 | +15.6% |
| 2018 | $5.14 | −0.6% |
| 2017 | $5.18 | +17.9% |
| 2016 | $4.39 | +47.7% |
| 2015 | $2.97 | +26.4% |
| 2014 | $2.35 | +75.3% |
| 2013 | $1.34 | +51.8% |
| 2012 | $0.88 | +2.6% |
| 2011 | $0.86 | −26.6% |
| 2010 | $1.17 | −0.4% |
| 2009 | $1.18 | +60.8% |
| 2008 | $0.73 | −38.1% |
| 2007 | $1.18 | +16.2% |
Peak price and largest drawdown
This is the pure share price return in INR from closing prices, adjusted for stock splits. Dividends come on top and are not included here.
Work out your own amount and period in the What-if calculatorData status and sources
- Score
- Daily value of 14 Nov 2026, recalculated nightly
- Price
- Closing price of 13 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 13 Nov 2026 ($1 = ₹94.2431)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 27 Feb 2026)
- Valuation signal Fairly valued since 14 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.