Price when posted : NSE: Rs. 1122.00
tatachem has not hiked soda ash prices in q4. it has gone for price cuts.
Price when posted : NSE: Rs. 1126.25
Tata Chemical results might give pleasant surprise this time, though past three quarters were not good for the company due to frequent fall in Soda ash prices. It looks price of Soda Ash has been bottom out, company had raised soda ash price four times in last quarter. This will help much better valuation in share price. At the moment share Price is in final lag of consolidation. one can expect 1200 once 1148 is crossed & 1329 If the results are good. So hold & buy at every dip.
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