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United Phosphorous India’s largest Agrochemical company is trading @ Rs.111 which is close to its multi year low.Recent crash in share price is mainly on account of the CCI order against the company . CCI has levied a penalty of Rs. 252.44 crores on the Company for alleged violation of sections 3(3)(b) and 3 (3) (d) of Competition Act, 2002.UPL is a 7500 Cr company with operations in more than five countries and generating 75 %of its revenue from outside India.On a global level it is one among the largest five generic agrochemical makers.Company selling Insecticides,Fungicides,Herbicides,Rodenticides,Plant growth Regulators and Seeds under various brand names in USA,EU, Latin America and India.Last year company made two large acquisitions in Brazil - Sipcam Isagro Brazil and DVA Agro Do Brazil.Since Brazil is one of the biggest markets for Agrochemicals ,these acquisitions is expected to bring good result to UPL on completion of the business integration.In last FY , company posted a turnover of Rs.7654 Cr ,net profit of Rs.555 Cr and an EPS of Rs.12/-. Recently company announced a buy back of its shares with a maximum price of Rs.150/- share. Now company informed that it is taking steps to file appeal against the order of CCI before the Competition Appellate Tribunal.All negatives in this matter is already reflecting in its current price and any positive outcome from the Appellate Tribunal will boost its share price .Moreover the buyback will also act as a cushion from further fall in share price . I feel the current difficult time is only temporary and company will come out of it soon and hence it is the best time to enter in it at current market price of Rs.111/- with a long term view.