Tata Chemicals Ltd Share Price (TATACHEM)

Tata Chemicals Ltd Stock Trading at a Cheaper Price Relative to Peers - 16 Apr, 2024

Tata Chemicals Ltd stock is currently trading at a cheaper price relative to its peers, with a ratio of 15.42x compared to the industry average of 29.59x. However, near-term growth is not expected due to an extremely negative double-digit change in profit over the next couple of years. Investors are advised to consider their portfolio exposure and diversification options.

Tata Chemicals Q4FY24E Revenue Expected to Dip by 22.2% - 12 Apr, 2024

Tata Chemicals' bulk commodity and fluorochemicals revenue expected to fall YoY, with a net profit drop of 70.1% YoY. However, gross profit margin is expected to rise QoQ.

Tata Chemicals Stock Jumps Over 3% on Uptick in Soda Ash Prices - 10 Apr, 2024

Tata Chemicals witnessed a sharp uptick in soda ash prices, with the key product back near 2,000, the highest level in two months. The gain pushed the company's market capitalisation to around ₹29,800 crore.

Tata Chemicals Q3FY24 Revenue Declines by 10% - 07 Apr, 2024

Tata Chemicals Ltd's revenue from operations declined by 10% to Rs. 3,730 Crores in Q3FY24 compared to Rs. 4,148 Crores in Q3FY23, with profits dropping from Rs. 425 Crores to Rs. 195 Crores.

Tata Chemicals Ltd Stock Rises 5.39% - 05 Apr, 2024

Tata Chemicals Ltd stock rose by 5.39% to Rs.1,153.25 with a volume of 2.48 lakh shares on BSE, which is a 1.9 fold spurt over two-week average daily volume.

Institutional Investors Hold 35% Stake in Tata Chemicals Ltd - 26 Mar, 2024

Despite a 7.9% loss last week, institutional investors hold a significant stake of 35% in Tata Chemicals Ltd, indicating positive sentiment towards the stock. However, concentration of power within this group can be a concern.

Tata Chemicals Receives Penalty Order from Income Tax Department - 22 Mar, 2024

Tata Chemicals has received an order from the Income Tax Department imposing a penalty of ₹103.63 crore under Section 270A of the Income Tax Act, 1961, due to disallowance of interest. The company plans to appeal against this order before the National Faceless Appeal Centre.

Tata Chemicals Receives Penalty from Income Tax Department - 21 Mar, 2024

The Income Tax Department has imposed a penalty of Rs 103.63 crore on Tata Chemicals for disallowance of interest under Section 36(1)(iii) of the Income Tax Act, 1961. The company plans to appeal against this order before the National Faceless Appeal Centre.

Tata Chemicals Shares Fall After Coming Out of F&O Ban - 20 Mar, 2024

Tata Chemicals' stock has fallen due to the lifting of the F&O ban and declining soda ash margins. Brokerage firm Kotak Institutional Equities maintained its sell rating with a price target of Rs 780. The buzz around Tata Sons' imminent listing has also been diluted.