Net Sales are expected to increase by 7.5 percent Y-o-Y (up 9.9 percent Q-o-Q) to Rs. 3,182.7 crore, according to Kotak.
Basic chemistry business does the job as Africa and US operations align
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 21 percent YoY during June quarter, to Rs 592 crore.
The company posted 11.61 per cent rise in consolidated net profit at Rs 149.11 crore in the first quarter ended June 30, 2019.
Trends on SGX Nifty indicate a negative opening for the broader index in India, a with 0.3 percent loss or 33.5 points. Nifty futures were trading around 11,064-level on the Singaporean Exchange.
Soda ash, an important part of Indian inorganic chemical industry, is the common name given for the technical grade anhydrous sodium carbonate.
Tata Chemicals will play a key role in Tata Motors’ plan to devise an EV ecosystem in India
As compared to other countries, the market share of electric cars is extremely low in India.
Upmove is likely to continue as FIIs seem to be upbeat on the Indian economy and major inflow is expected from them in coming days
Key risk: Long gestation period for new FMCG categories to fructify
On May 16, S&P BSE Oil & Gas rose 1.5 percent, followed by the S&P BSE realty that gained 1.3 percent, and the S&P BSE Power that was up 1.3 percent
Tata Global wants to be a diversified FMCG company. Acquiring Tata Chemicals’ foods business was just a step towards that goal
The global investment bank likes the merger for the strong brand value of Tata Salt. Strong distribution capabilities can be leveraged by the combined business
TGBL will be renamed as Tata Consumer Products Limited, and expects the combined entity to reach over 200 million households.
Sakshi Batra does a 3 Point Analysis of the earnings fineprint and the outlook on the company.
Motilal Oswal is bullish on Tata Chemicals has recommended buy rating on the stock with a target price of Rs 703 in its research report dated May 04, 2019.
Total income increased to Rs 2,845.26 crore on a consolidated basis during the January-March quarter of 2018-19 from Rs 2,628.83 crore in the year-ago period.