Tata Chemicals is currently trading at Rs. 276.00, up by 1.85 points or 0.67 % from its previous closing of Rs. 274.15 on the BSE.
The scrip opened at Rs. 278.00 and has touched a high and low of Rs. 278.50 and Rs. 275.20 respectively. So far 3849 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. 234.50 on 04-Sep-2013.
Last one week high and low of the scrip stood at Rs. 281.20 and Rs. 270.15 respectively. The current market cap of the company is Rs. 6984.14 crore.
The promoters holding in the company stood at 31.06 % while Institutions and Non-Institutions held 44.32 % and 24.62 % respectively.
Tata Chemicals - wholly owned subsidiary - Tata Chemicals Europe (TCE) has decided to restructure its soda ash and sodium bicarbonate business in Northwich, Cheshire. The restructuring will see the closure of the Winnington soda ash and calcium chloride plants due to high energy costs. The production is expected to cease during the 4th quarter of financial year 2013-14.
The closures are necessary in order to secure the future of TCE’s remaining soda ash and sodium bicarbonate manufacturing business together with around 250 jobs directly and many more associated jobs in the local Cheshire and wider regional economy.
Tata Chemicals, part of the Tata Group, is a leading manufacturer of chemicals, fertiliser and food additives. Tata Swach is a water purifier developed by Tata Chemicals.
