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

Unknown Apr 02, 2026 2 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’...