Shares of Tata Chemicals were last trading 8.15 percent higher at Rs 832.02 on the BSE.Share rate of Tata Chemicals surged over 10 per cent on Friday, August 5, to touch a 51-week high of Rs 844, as the business announced its April-June quarter outcomes for the fiscal year 2021-22.
On Friday, Tata Chemicals opened on the BSE at Rs 806, swinging to an intra day high of Rs 844 and an intra day low of Rs 805, in the trading session so far.
Tata Chemicals reported a net earnings of Rs 342.33 crore on a consolidated basis in the very first quarter of the present financial, compared to Rs 74.15 crore in the matching period last year.The company's net profit surged 361.67 per cent year-on-year in the June quarter driven by a rebound in the soda ash volumes in India and United States.
Tata Chemicals income from operations in the Juen quarter stood at Rs 2,977 crore, compared to Rs 2,348 crore in the matching duration last year, marking a growth of 27 percent year-on-year.
Throughout the very first quarter, we guaranteed agile maintenance of customer demand and cost control.
The capacity expansion at Tata Chemicals, Mithapur and Rallis, Dahej is on schedule.
With the business environment steadily enhancing, we are well placed to grow across customer segments, stated Mr.
R.
Mukundan, Handling Director - CEO, Tata Chemicals Limited.On the NSE, Tata Chemicals opened at Rs 807.85, signing up an intra day high of Rs 844 and an intra day low of Rs 802.70, in the session up until now.
It was last trading 8.14 per cent greater at Rs 831.95 on the NSE.Shares of Tata Chemicals were last trading 8.15 per cent greater at Rs 832.02 on the BSE.