Table of Contents
What do Tata Chemicals do?
Tata Chemicals is a science-led company with a portfolio that covers basic and specialty chemistry products. The Basic Chemistry product range includes soda ash, sodium bicarbonate and other key ingredients to some of the world’s largest manufacturers of glass, detergents and other industrial products.
What is the news about Tata Chemicals?
Tata Chemicals’ Q2 net profit jumps 88 pc to Rs 248 cr Net income rose on a consolidated basis to Rs 3,023 crore in the second quarter of the financial year 2021-22, from Rs 2,509 crore in the year-ago period.
Is Tata Chemical a good buy for long term?
Is Tata Chemicals a good long term investment? Past 10 years financial track record analysis and assessment of future prospects by Moneyworks4me indicates that Tata Chemicals Ltd is an average long term investment. However, you need to ensure you buy at a right price to earn good returns.
Is Tata Chemicals a good stock to buy?
The stock’s ratio of 52.5x is currently well-above the industry average of 19.96x, meaning that it is trading at a more expensive price relative to its peers. This is based on its high beta, which is a good indicator for share price volatility.
What is Tata Chemical?
Our key products are soda ash, soda bicarbonate, cement, salt, marine chemicals and crushed refined soda. Our chemistry solutions serve the world’s leading downstream brands for glass, detergents, pharma etc.
Is Tata Chemicals a good buy for long term?
Will Tata Chemicals share price go up?
Experts said that this rise in profitability in June 2021 quarter of the company is due to the increase in soda ash business, which is expected to remain on the higher side in near future as well. They said that the counter has given a breakout at ₹780 and it can go up to ₹940 in next 6 months.
What are Tata Chemicals products?
Our key products are soda ash, soda bicarbonate, cement, salt, marine chemicals and crushed refined soda.
- Alkali products: Soda Ash, Sodium Bicarbonate, Caustic Soda, Crushed Refined Soda.
- Halogen products: Chlorine-based products, Bromine-based products.
- Salt products: Industrial Salt, Livestock Salt, Animal Salt, Gypsum.
High made is about 0\% above the opening. Tata Chemicals share price high is about -100\% of the candle stick body. Tata Chemicals share price Low made is about 0.97\% below the closing. Low share price is about 45\% of the candle stick body. Experts view is that the stock showed immediate selloff from higher levels in this session.
Is Tata Chemicals’ ROE (return on equity) good or bad?
Tata Chemicals has a ROE of 56.20 \% . (higher is better) Debt to equity ratio: – It is a good metric to check out the capital structure along with its performance. Tata Chemicals has a D/E ratio of 0.00 which means that the company has low proportion of debt in its capital.
What is Tata Chemicals’ roadmap?
Heading into its 75th year of operations, Tata Chemicals has drawn up a new roadmap, which will see the company expand its farm and consumer businesses in a significant manner over the next five years.
What is Tata Chemicals’ inventory turnover ratio?
It measures how many times a company has sold and replaced its inventory during a certain period of time. Tata Chemicals has an Inventory turnover ratio of 5.13 which shows that the management is inefficient in relation to its Inventory and working capital management.