Tata Chemicals falls 8% after dull numbers in Q4 : vimarsana

Tata Chemicals falls 8% after dull numbers in Q4


Tata Chemicals falls 8% after dull numbers in Q4
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Last Updated: May 04, 2021, 10:09 AM IST
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Synopsis
The company reported an 85 per cent decline in consolidated profit after tax (PAT) to Rs 29 crore for the quarter ended March 2021.
Agencies
On a consolidated basis, Tata Chemicals' income from operations rose 11% to Rs 2,636 crore during the quarter under review.
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NSE
NEW DELHI: Shares of
Tata Chemicals plunged as much as 8 per cent on Tuesday morning. The Tata group firm posted dismal earnings for the quarter ended on March 31, 2021.
The scrip opened 7.9 per cent down at Rs 721.85 on BSE, but later recovered marginally to trade at Rs 726.85 at 9.35 am (IST). Benchmark BSE Sensex traded 133 points, or 0.27 per cent, higher at 48,851. The Tata Chemicals stock had closed at Rs 782.85 on Monday.

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