Tata Chemicals Sees Revision in Score Amidst Challenging Market Conditions Tata Chemicals has recently undergone a revision in its score by MarketsMOJO, reflecting a notable adjustment in its evaluation. The company's performance metrics indicate a challenging period, with flat results reported for September 2024. The profit after tax for the half-year stood at Rs 334.24 crore, marking a significant decline compared to previous periods. Additionally, the return on capital employed (ROCE) has reached a concerning low of 5.56%, while cash and cash equivalents have also dipped to Rs 555 crore. The stock is currently positioned in a mildly bearish range, with technical indicators suggesting a deterioration in market sentiment. Over the past year, Tata Chemicals has underperformed the broader market, generating negative returns while the BSE 500 index has seen positive growth. Despite these challenges, the company maintains a strong ability to service its debt, evidenced by a low debt-to-EBITDA ratio of 1.41 times. Furthermore, Tata Chemicals boasts a high institutional holding of 33.94%, indicating a level of confidence from larger investors. The stock has been added to MarketsMOJO's list, highlighting its ongoing evaluation amidst current market conditions.

Tata Chemicals has recently experienced a revision in its score by MarketsMOJO, reflecting a notable adjustment in its evaluation. The company's performance metrics indicate a challenging period, with flat results reported for September 2024. The profit after tax for the half-year stood at Rs 334.24 crore, marking a significant decline compared to previous periods. Additionally, the return on capital employed (ROCE) has reached a concerning low of 5.56%, while cash and cash equivalents have also dipped to Rs 555 crore.
The stock is currently positioned in a mildly bearish range, with technical indicators suggesting a deterioration in market sentiment. Over the past year, Tata Chemicals has underperformed the broader market, generating negative returns while the BSE 500 index has seen positive growth.

Despite these challenges, the company maintains a strong ability to service its debt, evidenced by a low debt-to-EBITDA ratio of 1.41 times. Furthermore, Tata Chemicals boasts a high institutional holding of 33.94%, indicating a level of confidence from larger investors. The stock has been added to MarketsMOJO's list, highlighting its ongoing evaluation amidst current market conditions.