News

Neutral Tata Chemicals Ltd For Target Rs. 1,070 By Motilal Oswal Financial Services Ltd Sequential recovery improves 2H prospects Operating performance in line with expectations *  TTCH’s 2QFY25 consolidated EBITDA declined 25% YoY, due to lower realizations YoY, higher freight costs and unfavorable operating leverage across geographies, while sequentially it improved by 7.7% on recovery across geographies, except India. *  As per the management, soda ash prices have bottomed out (also last price cut was in Nov’23 for domestic market by TTCH) and ...
Neutral Tata Chemicals Ltd For Target Rs. 1,070 By Motilal Oswal Financial Services Ltd
Neutral Tata Chemicals Ltd For Target Rs. 1,070 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-10-21 12:01:25 pm
India`s Tata Chemicals posts Q2 profit drop as soda ash prices slip, freight costs rise  India's Tata Chemicals reported a near 55% year-on-year fall in its second-quarter profit on Thursday, hurt by lower soda ash prices and higher freight costs. The chemical maker's consolidated net profit fell to 1.94 billion rupees ($23.1 million) for the quarter ended Sept. 30 from 4.28 billion rupees a year earlier. While revenue from operations rose 0.03% to 39.99 billion rupees for the quarter, total expenses rose nearly 7% to 38.03 billion rupees, with freight and for...
India`s Tata Chemicals posts Q2 profit drop as soda ash prices slip, freight costs rise
India`s Tata Chemicals posts Q2 profit drop as soda ash prices slip, freight costs rise
Source: Reuters
2024-10-17 06:17:35 pm
Neutral Tata Chemicals Ltd For Target Rs. 980 By Motilal Oswal Financial Services Ltd Pricing pressure continues to hurt performance Operating performance misses our expectations * TTCH’s 1QFY25 consolidated EBITDA declined 45% YoY, due to subdued operating performance across geographies, with India/US/UK/Kenya reporting EBITDA decline of 19%/58%/84%/61% YoY. * Factoring in weak 1Q performance and pricing-led margin pressure across geographies, we cut our FY25/FY26 EBITDA estimates by 6%/3%. Reiterate our Neutral rating with an SoTP-based TP of INR980. Broad-...
Neutral Tata Chemicals Ltd For Target Rs. 980 By Motilal Oswal Financial Services Ltd
Neutral Tata Chemicals Ltd For Target Rs. 980 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-08-21 12:36:11 pm
Tata Chemicals surges on getting nod to raise Rs 1,700 crore via NCDs Tata Chemicals is currently trading at Rs. 1059.00, up by 6.25 points or 0.59% from its previous closing of Rs. 1052.75 on the BSE. The scrip opened at Rs. 1054.95 and has touched a high and low of Rs. 1064.00 and Rs. 1049.00 respectively. So far 12041 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1349.70 on 07-Mar-2024 and a 52 week low of Rs. 933.00 on 29-Feb-2024. Last one week high and low of the scrip st...
Tata Chemicals surges on getting nod to raise Rs 1,700 crore via NCDs
Tata Chemicals surges on getting nod to raise Rs 1,700 crore via NCDs
Source: Accord Fintech
2024-08-20 03:58:10 pm
India`s Tata Chemicals posts Q1 profit drop on lower soda ash prices Indian chemicals maker Tata Chemicals reported a 71.8% fall in its first-quarter profit on Monday, hurt by lower soda ash prices and subdued demand. Consolidated net profit fell to 1.5 billion rupees ($17.9 million) for the quarter ended June 30 from 5.32 billion rupees a year earlier. Revenue from operations fell more than 10% to 37.89 billion rupees for the quarter. For further results highlights, (nFWN3JS0TZ) KEY CONTEXT China's economic slump and decreased EU demand for...
India`s Tata Chemicals posts Q1 profit drop on lower soda ash prices
India`s Tata Chemicals posts Q1 profit drop on lower soda ash prices
Source: Reuters
2024-08-05 04:52:06 pm
Corporate investments will accelerate North-Eastern region`s growth: Experts  There is a need to mobilise additional resources for the North-Eastern Region (NER) and an infusion of private funding is likely to accelerate development, experts said on Wednesday.  At the CSR Connect, launched by the Confederation of Indian Industry (CII), to infuse corporate investment into social development in North East, Dr Sukanta Majumdar, Minister of State, Ministry of Development of North Eastern Region said that the initiative aims to bridge the gap between the corpo...
Corporate investments will accelerate North-Eastern region`s growth: Experts
Corporate investments will accelerate North-Eastern region`s growth: Experts
Source: IANS
2024-07-04 10:02:46 am
European Union must open discussion on economic dimension of CBAM: Experts The European Union (EU) must start discussing the economic dimension of the Carbon Border Adjustment Mechanism (CBAM), said experts here on Tuesday.  The CBAM by the EU is designed to slash greenhouse gas emissions by 55 per cent by 2030 compared to 1990 levels. L Satya Srinivas, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry noted that the twin aspects of design and implementation modalities are important for consideration when discussing CBAM and ...
European Union must open discussion on economic dimension of CBAM: Experts
European Union must open discussion on economic dimension of CBAM: Experts
Source: IANS
2024-07-03 09:44:08 am
Neutral Tata Chemicals Ltd For Target Rs.900 By Motilal Oswal Financial Services Ltd Adverse demand-supply scenario of soda ash hurts result Operating performance misses our expectations * Tata Chemicals (TTCH)’s 3QFY24 consolidated EBITDA declined 41% YoY, primarily due to a subdued operating performance across geographies with India/US/UK/Kenya reporting 27%/56%/62%/55% decline YoY. * We cut our FY24/FY25/FY26 EBITDA estimates by 11%/11%/5% due to unfavorable demand-supply dynamics persisting in the global soda ash industry and continued pricing pressure acro...
Neutral Tata Chemicals Ltd For Target Rs.900 By Motilal Oswal Financial Services Ltd
Neutral Tata Chemicals Ltd For Target Rs.900 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-05-11 10:39:11 am
Tata Chemicals falls on reporting consolidated net loss of Rs 841 crore in Q4 Tata Chemicals is currently trading at Rs. 1073.05, down by 25.95 points or 2.36% from its previous closing of Rs. 1099.00 on the BSE. The scrip opened at Rs. 1057.65 and has touched a high and low of Rs. 1085.00 and Rs. 1050.00 respectively. So far 248869 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1349.70 on 07-Mar-2024 and a 52 week low of Rs. 933.00 on 29-Feb-2024. Last one week high and low of the scri...
Tata Chemicals falls on reporting consolidated net loss of Rs 841 crore in Q4
Tata Chemicals falls on reporting consolidated net loss of Rs 841 crore in Q4
Source: Accord Fintech
2024-04-30 03:27:42 pm
Tata Chemicals shares plunge more than 8 per cent Tata Chemicals shares were down more than 8 per cent on Wednesday leading the trend as most Tata group shares except TCS trended down. Tata Chemicals was down 8.12 per cent, Tata Motors by 2.4 per cent, Tata Steel by 1.8 per cent, Tata Investment by 5 per cent and Tata Consumer by 2.7 per cent. Tata Chemicals had run up in the past week on the buzz of Tata Sons' imminent listing. There has been a correction in some of the Tata group stocks ever since the buzz got diluted. Tata Ch...
Tata Chemicals shares plunge more than 8 per cent
Tata Chemicals shares plunge more than 8 per cent
Source: IANS
2024-03-20 01:49:34 pm
Tata Chemicals surges on collaborating with IITB-Monash Research Academy Tata Chemicals is currently trading at Rs. 977.00, up by 4.80 points or 0.49% from its previous closing of Rs. 972.20 on the BSE. The scrip opened at Rs. 979.65 and has touched a high and low of Rs. 984.50 and Rs. 971.75 respectively. So far 66046 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1140.95 on 05-Jan-2024 and a 52 week low of Rs. 922.20 on 19-Apr-2023. Last one week high and low of the scrip stood a...
Tata Chemicals surges on collaborating with IITB-Monash Research Academy
Tata Chemicals surges on collaborating with IITB-Monash Research Academy
Source: Accord Fintech
2024-02-19 03:35:23 pm
Stock Picks : Power Grid Corporation of India Ltd And Tata Chemicals Ltd By ICICI Direct Power Grid Corporation of India Ltd   Buy Power Grid Corporation of India Ltd @240.20-241.00; Target 243.50; Stop Loss 238.70   Tata Chemicals Ltd Buy Tata Chemicals Ltd @1126-1128; Target 1140; Stop Loss 1119.80   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Power Grid Corporation of India Ltd And Tata Chemicals Ltd By ICICI Direct
Stock Picks : Power Grid Corporation of India Ltd And Tata Chemicals Ltd By ICICI Direct
Source: ICICI Direct
2024-01-05 10:58:26 am
India`s Tata Chemicals posts 32% drop in Q2 profit on weak demand, prices India's Tata Chemicals posted a 32% slide in second-quarter profit on Friday, hurt by lower soda ash prices and soft demand. The Tata Group-owned company's consolidated net profit fell to 4.28 billion rupees ($51.4 million) in the quarter ended Sept. 30, from 6.28 billion rupees a year earlier. Revenue from operations dropped 5.7% to 39.98 billion rupees, weighed down a 3.7% drop in its basic chemistry products segment, its biggest, and which includes soda ash, sodium bicarbonat...
India`s Tata Chemicals posts 32% drop in Q2 profit on weak demand, prices
India`s Tata Chemicals posts 32% drop in Q2 profit on weak demand, prices
Source: Reuters
2023-11-11 09:39:47 am
Stock Picks : L&T Finance Holdings Ltd And Tata Chemical Ltd By ICICI Direct L&T Finance Holdings LtdBuy L&T Finance Holdings Ltd @133.50-134.00; Target 135.70; Stop Loss 132.80Tata Chemical LtdBuy Tata Chemical Ltd @1016-1018; Target 1032.00; Stop Loss 1009.70Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : L&T Finance Holdings Ltd And Tata Chemical Ltd By ICICI Direct
Stock Picks : L&T Finance Holdings Ltd And Tata Chemical Ltd By ICICI Direct
Source: ICICI Direct
2023-10-11 10:32:48 am