SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tata Chemicals jumps on plan to invest Rs 565 crore to set up units in Andhra Pradesh, Gujarat

10 Feb 2017 Evaluate

Tata Chemicals is currently trading at Rs. 572.50, up by 4.05 points or 0.71% from its previous closing of Rs. 568.45 on the BSE.

The scrip opened at Rs. 575.70 and has touched a high and low of Rs. 576.80 and Rs. 570.15 respectively. So far 16176 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 585.10 on 24-Oct-2016 and a 52 week low of Rs. 310.05 on 26-Feb-2016.

Last one week high and low of the scrip stood at Rs. 581.00 and Rs. 552.50 respectively. The current market cap of the company is Rs. 14587.34 crore.

The promoters holding in the company stood at 30.80%, while institutions and non-institutions held 48.23% and 20.97% respectively.

Tata Chemicals has received its board's approval to invest Rs 565 crore to set up two facilities in Andhra Pradesh and Gujarat. Out of total investment, the Board approved an investment of Rs 270 crore for setting up of a state-of-the-art, biotechnology unit in Nellore district, Andhra Pradesh for manufacturing of soluble dietary fibres with cutting-edge health benefits. The company had signed a MoU on January 27 with Andhra Pradesh government in this regard.

Furthermore, the board has also approved an investment of Rs 295 crore for setting up of a plant to manufacture precipitated highly dispersible silica in Gujarat. This speciality chemical represents downstream value addition to the company’s soda ash business. The technology for manufacturing highly dispersible silica has been developed in-house at its innovation centre in Pune and seven patents have already been filed. Precipitated silica is a versatile product with applications in many industries including rubber, coatings, pesticides and oral care.

Tata Chemicals Share Price

729.35 -16.90 (-2.26%)
29-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
SRF 2665.35
BASF India 3635.10
Tata Chemicals 729.35
Pidilite Inds. 1599.75
Deepak Nitrite 1564.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: