Tata Chemicals Share Price : Review & performance

Table of Contents

Tata chemicals limited

Over the previous week, Tata Chemicals Limited has increased steadily, yielding a 40% gain. At 1315.25, it is currently trading at the level of its 52-week high. Today, Thursday, has seen an 11% increase in the stock.

Why tata chemicals ltd stock rising

Within the next 18 months, Tata Sons, the parent company of the Tata Group, may go public. This is as a result of the company’s classification as an upper layer NBFC by the Reserve Bank of India. This rating indicates that the company ought to go public on a stock exchange in three years. Tata Sons must be listed by September 2025, as it was classed in 2022.Approximately 80% of Tata Chemicals’ total market value is owned by Tata Sons.

Stock performance & return

On the BSE, Tata Chemicals shares reached a 52-week high of Rs 1349 per share and a 52-week low of Rs 921.65 per share. The shares have increased by 30% over the last month, 17% over the last three months, and 18% over the last year. Looking further back, Tata Chemicals shares have increased by 37% over the last two years and by 58% over the last three years. Tata Chemicals has increased by 376 %t over the last five years and by an astounding 843 % over the last ten.

Tata chemicals financial status

The company recorded a major reduction in net profit for the third quarter of the financial year 2024 in its BSE filing dated February 5, 2024. Year-over-year (YoY), the profit dropped by 60% to Rs 150 crore. The decrease was ascribed to muted market demand in certain areas and segments. Furthermore, the company’s sales for the quarter ending in December 2023 dropped by more than 10% YoY to Rs 3,350 crore from Rs 4,140 crore in the same quarter the year prior.

Key metrics

Market capitalisation	₹ 33,652,03 Cr.
No.of shares	₹ 25.48 Cr.
Face value	10
Div.yield	1.48%
P/E	37.73
P/B	1.96
ROE	6.56%
Debt	₹ 0 Cr.
Profit growth	30.5 %
ROCE	8.24 %

Positive point

The company operates with virtually no debt.
The company has demonstrated a solid profit growth rate of 15.20% over the past three years.
Company with Zero Promoter Pledge
Mutual Funds Increased Shareholding in Past Month
Stocks demonstrating persistent growth in share prices

Negetive point

Companies not able to generate net cash
The company’s return on equity (ROE) has been unsatisfactory, over the past three years.

HAL (Hindustan aeronautics limited)

Company has provided shareholders with nearly a 10% return, showing steady growth over the past week. Currently priced at 3317.30, it’s trading near its 52-week high. Today, Thursday, the stock has seen a 2.70% increase.

Established on December 23, 1940, Hindustan Aeronautics Limited is an Indian public sector aerospace and defense company, with its headquarters located in Bangalore. it stands as one of the oldest and largest manufacturers in the aerospace and defense sector globally.

Why HAL stock price rising

Orders received by the company have been the key reason for it’s constant growth over the previous week and favorable profits. After rising by about 11% in only the last week, the stock is currently trading at Rs 3317.30, its 52-week high. HAL saw an increase of nearly 2.70% today.

Since signing an addendum to the Light Combat Aircraft IOC contract, HAL has seen an uptick in business.Moreover, the order book value has grown.The value of the contract was changed from Rs. 2700.87 crore to Rs. 5077.95 crore.”

Stock performance and return

The share price of HAL is presently at Rs 3,317.30, which is its 52-week high, while Rs 1,237.55 is its equivalent 52-week low. This share has returned around 10% over the last month, and it has increased by about 18% over the last three months. In the last year, HAL’s share has increased by 125%.

HAL’s financial status

HAL has returned 12.5% this past month; during the last year, it has produced an amazing return of about 132%. Moreover, firm has given a return of almost 84% during the previous three years. In addition, there has been a rise in net cash flow between 2022 and 2023.
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Key metrics

Market capitalisation	₹ 2,21,765.79 Cr.
No.of shares	₹ 66.88 Cr.
Face value	5
Div.yield	O.85%
P/E	36.09
P/B	8.42
ROE	27.17%
Debt	₹ 49.04 Cr.
Profit growth	14.25 %
ROCE	30.59 %

Positive points

The company has a high promoter holding of 71.64%.
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Company is virtually debt free.
Annual Net Profits improving for last 2 years

Negative points

MFs decreased their shareholding last quarter
The company has shown a poor revenue growth for past 3 years.

Disclaimer

The mention of the stock rally is for informational purposes only and does not constitute a recommendation to buy, sell, or hold. We have refrained from conducting fundamental or technical analyses and therefore do not express any opinion on the stock mentioned. Neither the author nor live4daily can be held responsible for any losses incurred. For personalized advice, please consult a professional advisor.