|Bid||0.00 x 0|
|Ask||585.30 x 0|
|Day's range||583.35 - 594.25|
|52-week range||550.10 - 787.50|
|Beta (3Y monthly)||1.32|
|PE ratio (TTM)||7.78|
|Forward dividend & yield||11.00 (1.87%)|
|1y target est||808.71|
Today we'll evaluate Tata Chemicals Limited (NSE:TATACHEM) to determine whether it could have potential as an investment idea. Specifically, we'll consider its Return On Capital Employed (ROCE), since that will Read More...
Tata Chemicals’ consumer products business grew 33 percent to Rs 438 crore during June-ended quarter.
Mumbai, Aug 14 (IANS) Tata Chemicals on Monday reported a 14 per cent increase in its consolidated net profit from operations to Rs 270 crore in the quarter ended June 30, 2018 as compared to Rs 236.52 crore in the year-ago period. Its income from operations on consolidated basis was at Rs. 2,769 crore, up by 10 per cent from Rs 2,527 crore in the corresponding period last year. The company reported that its income from operations for basic chemistry products at Rs 63 crore was up 3 per cent, consumer products segment at Rs 108 crore, up 33 per cent, and specialty products at Rs 116 crore, up 25 per cent.
Tata Group, India’s biggest conglomerate, is evaluating a proposal to integrate its food and beverage businesses into a single company, people with knowledge of the matter said. The Mumbai-headquartered group is considering separating the salt and branded lentils businesses of Tata Chemicals Ltd. and folding them into Tata Global Beverages Ltd., according to the people who asked not to be named because the information is private. It’s also weighing merging Tata Coffee Ltd., which owns coffee plantations and tea gardens, with the beverages company, and entering dairy, they said.
In a regulatory filing, the company said it has sold the Phosphatic fertiliser business and the trading business comprising bulk and non-bulk fertilisers by way of slump sale on a going concern basis to IRC Agrochemicals, a wholly-owned subsidiary of Indorama Holdings BV.
If you want to avoid the risk of losing your investment you should be looking for companies that are more likely to maintain and grow their value regardless of marketRead More...
Tata chemicals reported a mixed set of Q4 numbers across geographies. The domestic business now seems to be better places for growth. Allocation of funds from the sale of fertilizer businesses will remain a important point to watch for and could drive future growth
Tata Chemicals today reported a 23.37 percent growth in consolidated net profit for the March quarter at Rs 355.90 crore, mainly driven by healthy margins in chemicals, soda ash and salt business and gains from sale of its urea business to Yara Fertilisers India.
Tata Chemicals entered into a business transfer agreement with Allied Silica to acquire their business of precipitated silica for Rs 123 crore on a slump sale basis.
The brokerage firm initiated coverage on Tata Chemicals with a buy call and a target of Rs 940. It implies an upside potential of 36 percent.