Tata Chemicals fell 1.08% to Rs 357.75 at 9:53 IST on BSE after the company announced temporary shutdown of operations at its fertiliser plant at Babrala in Uttar Pradesh, from 22 March 2016 for about 30 days.
The announcement was made after market hours yesterday, 22 March 2016.Meanwhile, the S&P BSE Sensex was down 76.03 points or 0.3% at 25,254.46.
On BSE, so far 7,507 shares were traded in the counter as against average daily volume of 33,000 shares in the past two weeks. The stock hit a high of Rs 361.20 and a low of Rs 354.90 so far during the day. The stock had hit a 52-week low of Rs 310.05 on 26 February 2016. The stock had hit a record high of Rs 525.70 on 23 July 2015.
The mid-cap company has equity capital of Rs 254.76 crore. Face value per share is Rs 10.
Tata Chemicals announced temporary shutdown of operations at its fertiliser plant at Babrala from 22 March 2016, for the purpose of the planned, regular, major maintenance program generally taken once in two years. Tata Chemicals said that the shutdown will last for about 30 days. It added that this will not have material financial impact on the company.
Tata Chemicals' consolidated net profit fell 45.4% to Rs 129.94 crore on 2.5% decline in net sales to Rs 4596.67 crore in Q3 December 2015 over Q3 December 2014.
Tata Chemicals is a global company with interests in businesses that focus on living, industry and farm essentials.
Powered by Capital Market - Live News