Tata Chemicals trades higher on the bourses

19 Dec 2013

Tata Chemicals is currently trading at Rs. 264.00, up by 0.25 points or 0.09 % from its previous closing of Rs. 263.75 on the BSE.

The scrip opened at Rs. 265.00 and has touched a high and low of Rs. 266.00 and Rs. 263.35 respectively. So far 21965 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. 276.00 and Rs. 257.85 respectively. The current market cap of the company is Rs. 6730.66 crore.

The promoters holding in the company stood at 31.06 % while Institutions and Non-Institutions held 44.32 % and 24.62 % respectively.

Reserve Bank of India has notified that the foreign share holding by Foreign Institutional Investors in Tata Chemicals has reached the trigger limit. Hence, further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India.

Tata Chemicals is the world’s second largest producer of soda ash with manufacturing facilities in Asia, Europe, Africa and North America. The company’s industry essentials product range provides key ingredients to some of the world’s largest manufacturers of glass, detergents and other industrial products.


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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323