December 6, 2022
Shares of Tata group hit 52-week high, experts set a target of Rs 1340

In the June quarter, FIIs increased their stake in the company to 14.99%. It was 13.62% in the previous quarter. At the same time, the mutual fund together increased the share from 7.36% to 7.58%.

 Shares of Tata group hit 52-week high, experts set a target of Rs 1340

Shares of Tata group hit 52-week high, experts set a target of Rs 1340

Tata Group Stock

A share of the Tata group today reached a 52-week high. Shares of Tata Chemicals Rs. It touched a new high of 1,182.40. The BSE saw a jump of 6 per cent in Friday’s trade. The stock of Commodity Chemical Company of Tata Group as on 12 August 2022 stood at Rs. crossed the high of 1,159.95.

Shares of the company intraday Rs. 1,134 is trading. According to the research of brokerage firm Geojit, the shares of the company can reach the target price of up to 1340.

Company declared results


Let us tell you that in the first quarter of the current financial year ended June, the net profit of Tata Chemicals increased by 86.25 percent to Rs. 637 crores. The company gave this information in a notice sent to the stock exchanges on Tuesday. Tata Chemicals has paid Rs. 342 crore net profit. The company’s operating income grew by 34.15 per cent to Rs. 3,995 crore as against Rs. 2,978 crore.

FII increased stake


In the June quarter, FIIs increased their stake in the company to 14.99%. It was 13.62% in the previous quarter. At the same time, the mutual fund together increased the share from 7.36% to 7.58%.

company business


Tata Chemicals Limited is a glass, detergent, industrial and chemical company. The company has a strong position in the crop protection business through its subsidiary Rallis India Limited. Tata Chemicals has world class R&D facilities in Pune and Bangalore.

Also read: This company will distribute 650% dividend, 80% increase in share price in just 5 days

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