Tata Chemicals is engaged in the production and selling of interests that focus on LIFE - living, industrial and farming essentials. Co.'s products are used in a wide range of pharmaceutical, food processing and industrial applications. Living essentials - Tata Salt, I-Shakti, Tata Salt Lite; Tata Salt Flavoritz, Tata Salt Plus, i-Shakti Dals and Tata Swach. Industry essentials - soda ash; sodium bicarbonate; chemicals: caustic soda, chlorine based products, bromine based products, gypsum, sodium tripolyphosphate, phosphoric and sulphuric acids; industrial salt; and cement: Tata Shudh. Farm essentials - fertilizers: Tata Paras urea, DAP, NPK, and SSP.
theScreener is the market leader for independent valuations of financial securities, equities, sectors and markets, and new funds. theScreener's ratings, analyses are used by leading banks, asset managers and financial portals. Approximately 10,000 workstations benefit from theScreener's services, with over millions of customer accounts actively analysed.
We attended Tata Chemicals’ (TTCH) analyst meet, wherein Mr Zarir N Langrana –Executive Director & President - Global Chemicals Business – updated on the industrytrends in sodium bicarb/soda ash, the upcoming project in silica and nutraceuticals, thecapex plan and the battery project. Key highlights: Thermal plants in India to drive bicarb demand** Management clearly indicated that it intends to incrementally focus on increasing sales of sodium bicarb, which is a value-added product, is margin accretive and is finding increasing usage in various applications. ** At 4.5MMT, global demand for ...
Tata Chemicals: Acquires residual stake in North American soda ash biz (TTCH IN, Mkt Cap USD2.3b, CMP INR650, TP INR811, 25% Upside, Buy) Acquires balance 25% stake in North American business for USD195m Tata Chemicals (TTCH) has acquired the remaining 25% stake in TATA Chemicals Soda Ash Partners Holdings (TCSAP) from the Andover Group, Inc. for USD195m (thus, valuing 100% stake at USD780m) through its wholly-owned subsidiary, Valley Holdings Inc. With this acquisition, TTCH has increased its ownership in TCSAP to 100%, which is a move to simplify enterprise architecture. For FY19, T...
Feasibility Study Results in December to be a Catalyst for this Junior
The independent financial analyst theScreener just lowered the general evaluation of MULTICHOICE GROUP LTD. (ZA), active in the Broadcasting & Entertainment industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as moderately risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Neutral. As of the analysis date February 21, 2020, the closing price was ZAR 99.80 and its target price was estimated at ZAR 94.04.
The general evaluation of TRUWORTHS INTL.LTD. (ZA), a company active in the Apparel Retailers industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date February 21, 2020, the closing price was ZAR 48.50 and its potential was estimated at ZAR 52.74.
The independent financial analyst theScreener just lowered the general evaluation of NETCARE LTD. (ZA), active in the Health Care Providers industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date February 21, 2020, the closing price was ZAR 19.40 and its target price was estimated at ZAR 16.95.