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Tata Chemicals shares rise 5% on high volumes, restructuring of US operations

Tata Chemicals shares rose 4.97% to Rs 1018 against the previous close of Rs 969.80 on BSE. The stock has been gaining for the last two days.

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Tata Chemicals stock zooms 9% on strong Q1 earnings

Shares of Tata Chemicals zoomed 9 per cent today after the Tata Group firm announced a 86.25 per cent increase in net profit for the quarter ended June 2022. Tata Chemicals reported a consolidated net profit at Rs 637 crore during the quarter ending June 2022 against a net profit of Rs 342 crore in the corresponding quarter of the previous fiscal. ....

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Why Tata Chemicals stock zoomed 11% today

Shares of Tata Chemicals zoomed over 11 per cent today after the Tata Group firm announced a multifold rise in net profit for the quarter ended March 2022. Tata Chemicals' profit after tax stood at Rs 470.24 crore for the quarter ended March 2022 against Rs 29.26 crore in the year-ago period. Subsequently, the stock rose 11.37 per cent to Rs 1047.75 against the previous close of Rs 940.75 on BSE. The stock has gained after two days of consecutive fall. The stock opened 2.29 per cent higher at Rs 962.30 against the previous close of Rs 940.75 on BSE. ....

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TATA plans sale of its US soda ash unit worth $1 billion

Tata Chemicals has reached out to private equity firms and some industry groups to gauge interest, one of the people said. ....

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