Tata Chemicals shares fall over 4% on first-ever quarterly loss in nine years; Kotak Equities screams sell

Tata Chemicals shares fall over 4% on first-ever quarterly loss in nine years; Kotak Equities screams sell

Shares of Tata Chemicals fell 4.5% to the day’s low of Rs 1,050 on BSE in Tuesday’s trade after the company reported its first-ever quarterly loss in nine years, hurt by a one-time charge incurred in its UK operations along with lower prices and demand for soda ash. Kotak Institutional Equities (KIE) recommended a ‘sell’ … Read more

tata chemicals share price: Tata Chemicals shares crash 10% after Tata Sons IPO buzz fizzles out

tata chemicals share price: Tata Chemicals shares crash 10% after Tata Sons IPO buzz fizzles out

Shares of Tata Chemicals, which rallied 36% in the last 4 trading sessions, hit the 10% lower circuit limit at Rs 1,183.45 on BSE in Monday’s trade as the Tata Group is said to be trying to avoid the Tata Sons IPO. The impact was also felt on Tata Investment Corporation shares which hit the … Read more