Tata Chemicals Share Price returned 59.81% CAGR in 3 years
Tata Chemicals Limited (NSE: TATACHEM) company’s core business segment is into Chemicals and is been selected for investing long term horizon over an year and above based on the strong fundamental and technical analysis provided here in this article.
Technical analysis indicators; Simple Moving Average (SMA) 200 value 920.85 which is above the SMA 300 value 887.73 while the Relative Strength Index (RSI) is showing at 70.6.
The trendline is very strong and indicates a bullish momentum ahead. This can be an accumulation period through stock SIP investment option in
Zerodha Trading App
for better stock price averaging while investing.
The market capitalization as on publishing day stands at Rs. 24449/- Crore positioning it in large cap stocks group listed on NSE India.
What made Tata Chemicals Share Price to return 59.81% CAGR in 3 years?
Tata Chemicals Share Price is currently trading at Rs.
1074.15
per stock &
Tata Chemicals Technical Chart
performance of the stock over the last 3 years of time frame which is considered to be a good investment period shows amazing profits at CAGR 59.81%
& now the opportunities indicates to invest based on above technical & following stock fundamentals.
Tata Chemicals's 52 week low price at Rs. 773.35/- & 52 week high price at 1158/-
Note: The closing price Rs 263.17/- of stock on 25-07-2019 was considered for CAGR calculation on a 3 years base with respect to the latest closing price.
Tata Chemicals Limited
Following are the strong fundamental analysis of Tata Chemicals Share Price which will definitely make to think in one of the large cap companies of India for decent profits for a medium to long term investment horizon.
Fundamental Analysis of Tata Chemicals
Market Capitalization | Rs. 24449 Crore | Return On Equity (ROE) | 7.70% |
P/E Ratio (TTM) | 19.33 | EPS (TTM) | 49.36 |
P/B Ratio | 1.34 | Dividend Yield | 1.31% |
Industry P/E Ratio | 17.43 | Book Value | 716.48 |
Debt to Equity | 0.38 | Face Value | 10 |
Financial Statement of Tata Chemicals
Yearly | Revenue (Rs. Crores) | Profit (Rs. Crores) | Net Worth (Rs. Crores) |
2018 | 10,345.0 | 2,433.0 | 11,102.0 |
2019 | 10,337.0 | 1,156.0 | 12,341.0 |
2020 | 10,357.0 | 7,006.0 | 12,898.0 |
2021 | 10,200.0 | 256.0 | 14,290.0 |
2022 | 12,622.0 | 1,258.0 | 18,253.0 |
Shareholding Pattern of Tata Chemicals
Promoters | 37.98% |
Retail Investors | 27.93% |
Foreign Investors | 14.99% |
Mutual Funds | 7.58% |
Other Domestic Institutions | 11.52% |
Is Tata Chemicals Share a good buy?
Tata Chemicals Limited is a Chemical sector based TATA Group company established in the year 1938 for producing Basic Chemistry, Specialty Chemistry & Material Science products & now having 3rd largest soda ash manufacturer and the 6th largest sodium bicarbonate manufacturer in the world. The customer base spread across the globe in India, North America, Europe, Middle East and Asia.
Basic Chemistry: Products ranges from Soda ash, Sodium bicarbonate, Caustic soda, Chlorine, Liquid bromine, Gypsum, Crushed Refined Soda, Industrial Salt, Livestock Salt, Animal Salt, Phosphoric acid, Cement and Sulphuric acids, Chlorine & Bromine based products for Glass, Detergents, Pharma, Biscuit manufacturing, Bakeries and other industries.
Specialty Chemistry: Agro Sciences: The company reach 80% of India's districts and have seven power brands through subsidiary Rallis India, which offers crop protection and agri-input solutions with innovative range of nutritional solutions, prebiotics and healthier alternatives to regular sugar for consumers. Crop protection and nutrition, animal nutrition, seeds, household products and contract manufacturing.
Material Sciences: Energy Sciences solutions to provide cutting-edge solutions around Lithium Ion cell technology for Li-ion battery packs and recycling of spent Li-ion batteries and Nano Zinc Oxide and Specialty silica. Read more about Tata Chemicals Limited company here from its official website.
Competitors of Tata Chemicals
As Tata Chemicals comes under Chemicals sector; there are quiet a few peer competitors to TATACHEM and here is a list of Top 5 Chemicals Companies based on market capitalization as on publishing day are as follows…
How to invest in Stock Market with the Best Trading App in India?
Here is the list of top stock brokers in India who made the trading in stock market made hassle free and best user experience with very attractive competitive brokerage charges.
- Zerodha
- Groww
- 5paisa
What makes the best to go for Zerodha Account Opening
Breaking the barriers of brokerage charges among other competitors by the time company incorporated in 2010; Evolve, rise & conquer the market with flat Rs.20/- or less; which ever is low concept, now Zerodha is on India's no.1 position.
Zerodha Kite Features
Why don't to utilize the Stock SIP investing option to invest in Tata Chemicals on regular basis on convenient day of every month on Zerodha product Kite. Now Zerodha Account Opening is very easy and Zerodha Demat Account for starting stock SIP investing right now.
Do you know the stock broker who turned-up unicorn: Groww App
The tough competitor now to Zerodha is Groww who turned-up unicorn startup of India facilitating not only the stocks investing but also mutual funds unlike Zerodha only provides stock trading. Groww recently introduced US stocks trading into its new product offering. Why waiting for something else and start investing right now in Tata Chemicals with Groww App.
Groww App Download
Excited; how to open Demat account with Groww App; Here we share a link for opening the Demat account with Groww App.
Never forget the senior broker: 5paisa
Senior most broker among the above; 5paisa (a.k.a. IIFL Securities) using different accounts over a period of time; found 5paisa is now in line to the charges and best user experience with the app. So why don’t to consider buying Tata Chemicals now, click here to open Demat account with 5paisa App.
References and External Links:
- Tata Chemicals stock chart: https://chartink.com/stocks/TATACHEM.html
- About Tata Chemicals Company Profile: https://www.tatachemicals.com/about-us
- Zerodha Account Open: https://zerodha.com/open-account?c=XT4406
- Groww Account Open: https://app.groww.in/v3cO/ytmyw8ym
- 5paisa Account Open: https://cutt.ly/qLf9zZW
Conclusion
It takes 30 long years to turn Rs.1/- worth Rs.1000/- which means doubling money once in every 3 years at a rate of CAGR 26.67% returns. Early investment start time is NOW else 30 years before :-)
-------+-{@ * * * Happy investing for prosperity * * * @}-+--------
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