Fitch Upgrades UPL Corp’s Outlook to Stable, Affirms ‘BB’ Rating Amid Recovery Signs

Unknown Apr 02, 2026 1,100 Views

Fitch Ratings has revised the outlook on UPL Corporation Ltd. to Stable from Negative, affirming its ‘BB’ long-term issuer credit rating. The revision reflects improving financial metrics, including better EBITDA leverage and interest coverage, signaling gradual recovery in UPL’...