In past six sessions, Tata Chemicals stock has rallied 40 percent, but analysts caution against initiating fresh long positions. Tata Chemicals stake in Tata Sons could be valued at about Rs 20,000 crore.
High channel inventory, subdued export demand, high sales returns and repricing of chemicals likely dented the performance/earnings for the quarter ended December
Ashwani Gujral of ashwanigujral.com recommends buying Tata Steel, India Cements and Tata Chemicals.
Ramakrishnan Mukundan, who was appointed CEO of the Rs 13,000-crore Tata Chemicals Limited (TCL), in 2009 at the age of 42, explains to CNBC-TV18 the challenges, opportunities and vision for the company.
Ramakrishnan Mukundan, who was appointed CEO of the Rs 13,000-crore Tata Chemicals Limited (TCL), in 2009 at the age of 42, explains to CNBC-TV18 the challenges, opportunities and vision for the company.