Page 2 - Tata Chemicals

Tata Chemicals' Q2 net profit jumps 88% on rebound in soda ash volumes

Tata Chemicals Ltd posted an 88 per cent jump in its consolidated net profit to Rs 248 crore in second quarter of the FY2021-22, mainly due to a rebound in soda ash volumes in the US and India.

Tata Group stocks on a roll, rally up to 20%; here's why

Shares of Tata Motors DVR were locked at the 20 per cent upper circuit, while Tata Motors too surged nearly 20 per cent in intra-day trade on the BSE today

Tata Chemicals rallies 10%, hits record high on strong Q1 results

With the business environment steadily improving, the company is well-positioned to grow across customer segments, the management said.

Tata Chemicals shares zoom nearly 10%; hit 52-week high after Q1 earnings

Shares of Tata Chemicals on Friday jumped nearly 10 per cent after the company reported a multi-fold jump in consolidated net profit for the June quarter. The stock gained 9.70 per cent to its 52-week high of Rs 844 on BSE. On NSE, it jumped 9.71 per cent to its 52-week high of Rs 844. Tata Chemicals on Thursday reported a multi-fold jump in consolidated net profit at Rs 342.33 crore for the June quarter, helped by a rebound in soda ash volumes in the US and India. The company's consolidated net profit stood at Rs 74.15 crore during the corresponding quarter of 2020-21, Tata Chemicals said in a BSE filing. Income from operations grew by 27 per cent to Rs 2,977 crore from Rs 2,348 crore in the year-ago period. This was mainly due to rebound in soda ash volumes in the US and India, the company added.

Stocks to watch: M&M, Glenmark Life Sciences, Cipla, Adani Power, Tata Chem

Stocks from the banking, real estate and auto sectors will be in focus amid the RBI policy outcome later today

Tata Chemicals consolidated first quarter net surges to Rs 342 crore

The firm was helped by a rebound in soda ash volumes in the US and India.

Vaishali Parekh is bullish on Tata Chemicals, Snowman Logistics. Check why

With the RSI well-placed and indicating a trend reversal to signal a buy, Tata Chemicals' stock is expected to rise further in the coming days

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of Tata Chemicals has maintained a good support base near Rs 690 levels and picked up momentum currently

Expensive valuations may cap near-term upside in chemical stocks: Analysts

However, they remain positive on the sector's long-term growth story on the back of ramp-up in China's environmental inspections and specialty chemical players having a healthy margin of safety

Tata Chemicals slips 8% on weak operational performance in March quarter

The management said during the quarter, the company's profits was muted due to one off in US operations caused by Polar Vortex leading to sharp rise in gas prices.

Stocks to watch: Adani Ports, JSW Energy, Tata Chemicals, LTTS, ICICI Bank

Larsen & Toubro Technology Services (LTTS) posted a 5 per cent decline in consolidated net profit at Rs 194.5 crore in the March 2021 quarter

Tata Motors, Tata Consumer: Tata Group stks may lead the next market rally

So far in the month of February, Tata Consumer Products, Tata Steel, and Tata Motor have outperformed the benchmark Nifty50 index by rallying between 12 per cent and 22 per cent

Tata Chemicals hits fresh lifetime high; stock zooms 100% in 3 months

As per December 2020 shareholding pattern, Tata Sons increased its holding in Tata Chemicals to 31.90 per cent from 29.39 per cent in September quarter and 28.51 per cent at the end of June quarter

Improving business outlook triggers rally in Tata Chemicals

Demand revival for soda ash and capacity expansion fuel optimism, say experts

Tata Chemicals consolidated Q3 PAT down 3.66% to Rs 160.85 crore

Tata Chemicals on Thursday reported a 3.66 per cent decline in consolidated profit after tax (PAT) at Rs 160.85 crore for the third quarter ended December 2020

Tata Chemicals zooms 10% on report Co in talks to buy Archean's unit

According to the report, Tata Chemicals is in advanced talks to acquire the industrial salt unit of Archean Group that could value the business at Rs 450 crore at a minimum

Tata Chemicals in advanced talks for Archean's industrial salt unit

A potential deal could offer a reprieve to Archean, which has been struggling to service its debt obligations for the past two years

All-round performance is fuelling the rally in Tata Consumer Products

Top performer on the Nifty FMCG index; Up 86 per cent in last 12 months

Tata Chemicals surges 7%, hits new high as Tata Sons buys additional stake

On Friday, December 4, Tata Sons purchased 2.57 million equity shares, representing 1 per cent equity of Tata Chemicals.

Tata Chemicals surges 13% in two days after Tata Sons hikes stake

On December 2, 2020, Tata Sons purchased 1.8 million equity shares, representing 0.71 per cent equity, of Tata Chemicals at price of Rs 420.92 per share on the NSE via bulk deal