CK Narayan of Chart Advise has a buy call on Tata Chemicals Ltd. with a target price of Rs 684. The current price of Tata Chemicals Ltd. is Rs 668.75. CK Narayan recommended to keep a stop loss at Rs 665.
Tata Chemicals Ltd., incorporated in the year 1939, is a Mid Cap company (having a market cap of Rs 16546.42 Crore) operating in Chemicals sector.
Tata Chemicals Ltd. key Products/Revenue Segments include Soda Ash which contributed Rs 1415.48 Crore to Sales Value (40.16 % of Total Sales), Vacuum Salt which contributed Rs 1275.47 Crore to Sales Value (36.19 % of Total Sales) and Others which contributed Rs 833.22 Crore to Sales Value (23.64 % of Total Sales) for the year ending 31-Mar-2018.
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 3083.50 Crore, up 6.44 % from last quarter Sales of Rs 2896.94 Crore and up 4.15 % from last year same quarter Sales of Rs 2960.66 Crore Company has reported net profit after tax of Rs 434.86 Crore in latest quarter.
Source: Economic Times
