Why are Tata Chemicals going up?
Table of Contents
Why are Tata Chemicals going up?
Experts said that this rise in profitability in June 2021 quarter of the company is due to the increase in soda ash business, which is expected to remain on the higher side in near future as well. They said that the counter has given a breakout at ₹780 and it can go up to ₹940 in next 6 months.
Is Tata Chemicals a good long term investment? Past 10 years financial track record analysis and assessment of future prospects by Moneyworks4me indicates that Tata Chemicals Ltd is an average long term investment. However, you need to ensure you buy at a right price to earn good returns.
Is Tata Chemicals good company?
Very Good Company A wonderful place to work.
What is happening in Tata Chemicals?
Tata Chemicals’ Q2 net profit jumps 88 pc to Rs 248 cr Net income rose on a consolidated basis to Rs 3,023 crore in the second quarter of the financial year 2021-22, from Rs 2,509 crore in the year-ago period.
Can Tata Chemicals be multibagger?
Tata Chemicals share price has appreciated at around 79\% CAGR (Compound annual growth rate) in the last two years. The Tata group stock has given multibagger return of over 187\% in a year’s period.
Who are the competitors of Tata Chemicals?
Competition
| Name | Last Price | Net Profit |
|---|---|---|
| Tata Chemicals | 935.90 | 479.11 |
| Coromandel Int | 757.85 | 1,312.18 |
| Chambal Fert | 395.50 | 1,347.04 |
| Fert and Chem | 117.90 | 351.98 |
What is the news about Tata Chemicals?
Is Tata Chemicals merger with Tata Global Beverages?
As per the arrangement, Tata Chemicals (TCL) Consumer Products segment will be demerged into Tata Global Beverages (TGBL), which will be renamed ‘Tata Consumer Products’. TCL’s shareholders will receive 1.14 shares of TGBL for every share held in TCL, implying a transaction value of Rs 5800.