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MARKET

CASH : Buy TATA CHEMICALS

  • July 29, 2021
  • By Dipankar Sardar
  • 106 Views 259 comments

Tata Chemicals Limited is an Indian global company with interests in chemicals, crop protection and specialty chemistry products headquartered in Mumbai, India.[2] The company is one of the largest chemical companies in India with operations in India, Europe, North America and Africa.[3] Tata Chemicals is a subsidiary of Tata Group conglomerate. Tata Chemicals has the second largest soda ash production capacity plant in India. This was the second soda ash plant built in India by Kapilram Vakil (Grandson of late Indian justice Nanabhai Haridas) that started operating in the year 1944.[6] The township Mithapur, derives its name from “Mitha” which means salt in Gujarati language. Since 2006 Tata Chemicals has owned Brunner Mond, a United Kingdom-based chemical company with operations in Magadi (Kenya) and General Chemicals, in United States of America. On 27 March 2008, Tata Chemicals Ltd acquired 100 per cent[7][8] With all these acquisitions, combined capacity of production has increased to around 5.17 million tons of soda ash. In April 2010, Tata Chemicals acquired 25% stake in ammonia-urea fertilizer complex in Gabon for US$290 million.[3] The first phase of the plant will have a full operational capacity of 2.2 billion tons of ammonia and 3.85 billion tons of urea per day.[3] Recently, Tata Chemicals sold its urea business to Pune-based Yara India, part of the Norwegian chemical company,Yara International.

Script Name –TATA CHEMICALS

Buy Price –746

Profit Target-756

Stop Loss-737

Call Duration-DELEVERY

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