UIL Ltd (GB:UTL) has released an update.
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UIL Limited outperformed the market with an 11.6% increase in net asset value in October, largely due to strategic acquisitions including a full takeover of Zeta Resources Limited. Despite a backdrop of global market volatility driven by U.S. election uncertainty and fluctuating commodity prices, UIL’s strong performance and portfolio adjustments have positioned it well for future growth.
For further insights into GB:UTL stock, check out TipRanks’ Stock Analysis page.
