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Tata Chemicals shines on reporting 21% rise in Q3 consolidated net profit

Tata Chemicals is currently trading at Rs. 979.00, up by 21.65 points or 2.26% from its previous closing of Rs. 957.35 on the BSE.

Tata Chemicals

The scrip opened at Rs. 941.00 and has touched a high and low of Rs. 979.70 and Rs. 912.25 respectively. So far 132376 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1214.65 on 11-Oct-2022 and a 52 week low of Rs. 773.90 on 01-Jul-2022.

Last one week high and low of the scrip stood at Rs. 985.00 and Rs. 912.25 respectively. The current market cap of the company is Rs. 24880.77 Crore.

The promoters holding in the company stood at 37.98%, while Institutions and Non-Institutions held 33.44% and 28.58% respectively.

Tata Chemicals has reported results for third Quarter ended December 31, 2022 (Q3FY23). The company has reported a rise of 22.58% in its net profit at Rs 190 crore for the quarter under review as compared to Rs 155 crore for the same quarter in the previous year. Total income of the company increased 29.58% at Rs 1244 crore for Q3FY23 as compared to Rs 960 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 21.43% in its net profit at Rs 425 crore for the quarter under review as compared to Rs 350 crore for the same quarter in the previous year. Total income of the company increased 31.60% at Rs 4185 crore for Q3FY23 as compared to Rs 3180 crore for the corresponding quarter previous year.



This post first appeared on Udaipur Kiran, please read the originial post: here

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Tata Chemicals shines on reporting 21% rise in Q3 consolidated net profit

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