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Fitch Ratings assigns stable outlook to Tata Chemicals

23 Mar 2020 Evaluate

Fitch Ratings has assigned stable outlook at ‘BB+' to Tata Chemicals’ (TCL) long-term foreign-currency issuer default rating (IDR)  following reduced energy costs, which will support a healthy margin. The rating reflects TCL’s globally leading and cost-competitive position in soda ash, geographic diversification, the soda-ash sector’s adequate exposure to non-discretionary end-markets, and improving financial profile.

Tata Chemicals is the second-largest producer of soda ash in the world with manufacturing facilities in India, UK, Kenya and USA. It is India’s leading crop nutrients player and a leading player in crop protection business through its subsidiary Rallis India.

 

Tata Chemicals Share Price

709.05 2.10 (0.30%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3703.10
Tata Chemicals 709.05
SRF 2493.65
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Deepak Nitrite 1538.00
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