Time period given by analyst is Intra Day when Tata Chemicals Ltd. price can reach defined target.
Tata Chemicals Ltd., incorporated in the year 1939, is a Mid Cap company (having a market cap of Rs 22544.66 Crore) operating in Chemicals sector. Tata Chemicals Ltd. key Products/Revenue Segments include Salt, Others, Refined Sodium Bicarbonate and Specialty Chemicals for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 3031.53 Crore, up 12.25 % from last quarter Total Income of Rs 2700.72 Crore and up 25.96 % from last year same quarter Total Income of Rs 2406.82 Crore. Company reported net profit after tax of Rs 291.60 Crore in latest quarter.
Investment Rationale
Making higher highs–higher lows and strong run up in last four sessions with a highest ever daily close
Promoter/FII Holdings
Promoters held 35.5 per cent stake in the company as of Sept 30, 2020, while FIIs held 9.1 per cent, DIIs 29.2 per cent and public and others 26.3 per cent.
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