Tata Chemicals back in green on resuming operations of two units at its Haldia Plant

Date: 03-08-2012

Tata Chemicals is currently trading at Rs. 311.00, up by 0.50 points or 0.16% from its previous closing of Rs. 310.50 on the BSE.

The scrip opened at Rs. 311.00 and has touched a high and low of Rs. 312.20 and Rs. 308.00 respectively. So far 12038 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 374.50 on 17-Feb-2012 and a 52 week low of Rs. 287.80 on 05-Oct-2011.

Last one week high and low of the scrip stood at Rs. 312.50 and Rs. 304.95 respectively. The current market cap of the company is Rs. 7910.18 crore.

The promoters holding in the company stood at 31.06% while Institutions and Non-Institutions held 44.31% and 24.63% respectively.

Tata Chemicals has resumed operations of two units of Di-ammonium Phosphate (DAP) at its Haldia Plant. The operations at two units were suspended during the period from April 1, 2012 to July 3, 2012 due to disruption in supplies of Phos Acid.

The operations at the Magadi Plant of Tata Chemicals Magadi, Kenya, a wholly owned subsidiary of the company, has also resumed operations after it remained partially disrupted during the quarter ended June, 2012 due to flooding caused by heavy rains.

Tata Chemicals (TCL) is the second largest producer of soda ash in the world with manufacturing facilities spread across four continents. TCL is market leader in iodized salt segment and leading manufacturer of urea and phosphatic fertilizers. Its urea plant in Babrala in Uttar Pradesh is most energy efficient fertilizer plant in country. is currently trading at Rs. 311.00, up by 0.50 points or 0.16% from its previous closing of Rs. 310.50 on the BSE.

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