Tata Chemicals share price target: Kotak said its fair value for Tata Chemicals remains at Rs 780, and that it continues to expect EPS for the Tata group company to fall by about two-thirds over FY2023-25E amid falling margins on soda ash.
Tata Chemicals held 50.06 per cent stake in Rallis India as on June 30. The acquisition has resulted in increase in shareholding of Tata Chemicals in Rallis to 55.04 per cent.
Tata Group stocks: More than 50% of Tata Group stocks have outperformed the benchmark BSE Sensex and Nifty50 so far in 2023. Watch this Visual Story to see which Tata Group shares have been multibaggers in near-term, and should you buy?
Shares of agrochemicals firm Rallis India on Wednesday tumbled over 6 per cent after the company reported a 32.53 per cent decline in consolidated profit after tax (after exceptional items) during the quarter ending September 30. Rallis India Shares Tumble Over 6% After Q2 Earnings.