Motilal Oswal has buy call on Tata Chemicals with a target price of Rs 820. The current market price of is Rs 783.85.
Tata Chemicals Ltd., incorporated in the year 1939, is a Mid Cap company (having a market cap of Rs 19969.07 Crore) operating in Chemicals sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 2648.78 Crore, down -1.09 % from last quarter Total Income of Rs 2677.90 Crore and down -1.24 % from last year same quarter Total Income of Rs 2681.98 Crore. Company reported net profit after tax of Rs 194.53 Crore in latest quarter.
Investment Rationale
Highest ever daily close with narrow range price volumes breakout
