Tata Chemicals Shares Rose Over 35% in Six Days!

RBI requires upper-layer NBFCs to be listed within 3 years.

Reasons for Rally

Tata Sons was classified as NBFC in September 2022.

Spark Capital report on Tata Sons listing

Why Tata Chemicals?

Other Tata companies have lower ownership percentages.

Tata Sons owns 80% of Tata Chemicals.

Company Details

Possible Valuation Impact

The current P/E ratio is higher than the 5-year average.

Potential listing could increase Tata Chemicals' value.

Stock Price Surge

Peers trade at higher valuations.

Up 11.3% today, trading at ₹1,311.60 (as of 3:30 pm, 7th March 2024)

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