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Tata Chemicals soars on signing MoU with Institute of Chemical Technology to set up endowment chair

Tata Chemicals Ltd. | Chemicals | Chemicals & Fertilizers | BSE: 500770 | NSE: TATACHEM

15 May 2013 Evaluate

Tata Chemicals is currently trading at Rs. 323.80, up by 1.65 points or 0.51% from its previous closing of Rs. 322.15 on the BSE.

The scrip opened at Rs. 320.85 and has touched a high and low of Rs. 324.00 and Rs. 320.80 respectively. So far 1,561 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 381.50 on 09-Jan-2013 and a 52 week low of Rs. 299.00 on 09-Aug-2012.

Last one week high and low of the scrip stood at Rs. 332.50 and Rs. 318.10 respectively. The current market cap of the company is Rs. 8,249 crore.

The promoters holding in the company stood at 31.06% while Institutions and Non-Institutions held 44.92% and 24.02% respectively.

Tata Chemicals has signed a MoU with the Institute of Chemical Technology (ICT, erstwhile UDCT) for creating an endowment chair - Tata Chemicals Darbari Seth Distinguished Professor of Chemical Engineering. This step is in line with the company’s leading role in recognising exceptional individuals from the chemical engineering teaching fraternity. Tata Chemicals will be donating Rs 3.5 crore as an endowment fund to help set up the chair professor’s position.

The company has agreed to collaborate with ICT on several new initiatives such as conducting research and development programmes with a focus on sustainability, green chemistry, undertaking projects at ICT based on chemical technology related challenges, highlighting career opportunities in chemical engineering and more.

Tata Chemicals, part of the Tata Group, is a leading manufacturer of chemicals, fertiliser and food additives. Meanwhile, HIPL’s principal activity is to hold investments.

Tata Chemicals Share Price

709.05 2.10 (0.30%)

17-Apr-2026 16:59 View Price Chart

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BASF India	3703.10
Tata Chemicals	709.05
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Tata Chemicals soars on signing MoU with Institute of Chemical Technology to set up endowment chair

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