TATACHEM

** Shares of Tata Chemicals TTCH.NS down 4% to 909.6 rupees

** The chemicals firm posts Q3 net loss of 530 million rupees ($6.1 mln) vs profit of 1.58 billion rupees a year ago

** Co registers one-time charge of 700 million rupees in its UK operations, along with lower soda ash prices amid soft demand

** More than 2.1 million shares traded, about twice its 30-day moving avg

** Stock trading below its 50-, 100- and 200-day simple moving avgs since late Dec, indicating bearish sentiment

** Avg rating of seven analysts is a "sell" and median PT is 879 rupees, about 3% lower than current price - LSEG

** Stock fell 4.7% in 2024

($1 = 87.0300 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected]; +91 8697274436;))

Feb 3 (Reuters) - Tata Chemicals Ltd TTCH.NS:

• Q3 CONSOL NET LOSS 530 MILLION RUPEES

• Q3 CONSOL REVENUE FROM OPERATIONS 35.9 BILLION RUPEES

Source text: [ID:]

Further company coverage: TTCH.NS

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** Shares of agricultural chemicals producer Rallis India Ltd RALL.NS fall 6.8% to 270 rupees after Q3 results

** The Tata Chemicals TTCH.NS subsidiary reports 54% y/y decline in net profit to 110 mln rupees ($1.27 million)

** Co faced pricing pressures and lower demand in its export business and 'intense market competition' in domestic business, it said in a regulatory filing

** Co's revenue from operations falls 12.7% to 5.22 bln rupees

** Monday's losses trim 12-month gain to 3.07%

** Stock rated 'sell' on avg by 13 analysts, median PT is 274 rupees - LSEG data

($1 = 86.4820 Indian rupees)

(Reporting by Ananta Agarwal in Bengaluru)

(([email protected]))

Nov 12 (Reuters) - Tata Chemicals Ltd TTCH.NS:

• TATA CHEMICALS - UNIT APPROVES CAPITAL INVESTMENT OF £60 MILLION TO BUILD PLANT IN UK

• TATA CHEMICALS - UNIT APPROVES PROPOSAL TO CEASE CHEMICAL PRODUCTION AT LOSTOCK PLANT BY JAN END 2025

Source text: ID:nnAPN2DS9D4

Further company coverage: TTCH.NS

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** Shares of Tata Chemicals TTCH.NS fall as much as 3.1% to 1,040.20 rupees

** Chemical products maker reported ~55% y/y fall in Q2 consol net profit to 1.94 bln rupees ($23.08 mln), rev rose 0.03% y/y

** Total expenses rose nearly 7% to 38.03 bln rupees, with freight and forwarding charges rising nearly 32%

** Stock on track to snap 3 weeks of gains, if trend holds

** More than 720,000 shares traded as of 9:55 a.m. IST vs their 30-day moving avg of more than 1.9 mln shares

** Mean rating of 7 brokerages is 'sell'; their median PT is 881 rupees - LSEG data

** TTCH last down 2.8%, adding to YTD losses of 5.5% so far

($1 = 84.0620 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

Oct 17 (Reuters) - Tata Chemicals Ltd TTCH.NS:

• TATA CHEMICALS Q2 CONSOL NET PROFIT 1.94 BILLION RUPEES

• TATA CHEMICALS Q2 CONSOL REVENUE FROM OPERATIONS 39.99 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: TTCH.NS

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** Shares of Rallis India RALL.NS rise 11.5% to 359.45 rupees

** Agrochemical firm reports a 19.5% rise in Sept-qtr net profit to 980 million rupees (~$11.7 million) while rev from ops jumps 11.5%

** RALL on track for fourth straight session of gains

** Busiest session for stock since early August; more than 3.6 mln shares change hands, over 11 times the 30-day avg in early trade

** Avg rating of analysts covering RALL at "sell" vs a "buy" rating both for larger peers UPL UPLL.NS and Dhanuka Agritech DHNP.NS

** RALL's median PT is at 250 rupees - LSEG data

** Stock up ~44% so far this year vs a ~3% fall in UPLL and a ~44% rise in DHNP

($1 = 84.0650 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

(([email protected]))

Oct 11 (Reuters) -

• NOEL TATA APPOINTED CHAIRMAN OF TATA TRUSTS - CNBC TV18

Source text for Eikon: [ID:]

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Repeats no change to text

By Tanvi Mehta

NEW DELHI, Oct 10 (Reuters) - Hundreds of people, including corporate leaders, politicians and celebrities, gathered in Mumbai on Thursday to pay their last respects to one of India's most respected business tycoons, Ratan Tata, who died aged 86.

Known for his exemplary business acumen and philanthropic nature, as chairman he led various companies under the Tata conglomerate for more than 20 years, which had revenue of $165 billion in 2023-24.

Although in recent years Tata was not as active in the day-to-day running of the group, he was consulted on big decisions by the Tata Sons leadership, a senior company executive told Reuters.

Tata had been in a Mumbai hospital since Monday, but the cause of his death was not immediately made public.

After his death, tributes poured in from around the world, underlining his popularity that transcended boundaries and generations.

"India and the world have lost a giant with a giant heart," U.S. ambassador to India Eric Garcetti said on X.

"He ... was instrumental in mentoring and developing the modern business leadership in India. He deeply cared about making India better," Google GOOGL.O Chief Executive Sundar Pichai said.

Draped in the Indian national flag, Ratan Tata's body was kept at a cultural centre in Mumbai, and his funeral will be conducted later in the day with full state honours.

India's central bank governor Shaktikanta Das, Tata Sons Chairman N. Chandrasekaran and Aditya Birla Group Chairman Kumar Mangalam Birla were among early visitors to pay their last respects to the Padma Vibhushan awardee - India's second-highest civilian honour.

A licensed pilot who would occasionally fly the company plane, Tata never married and was known for his quiet demeanour, relatively modest lifestyle and philanthropic work.

"We will remember his legacy of transformative giving to Cornell," his alma mater Cornell University said on X, calling Tata their most generous international donor.

(Reporting by Tanvi Mehta; Editing by Michael Perry)

(([email protected]; https://twitter.com/TanviMehta710;))

Oct 9 (Reuters) -

• CHAIRMAN EMERITUS OF INDIA'S TATA GROUP RATAN TATA IN CRITICAL CONDITION IN INTENSIVE CARE IN MUMBAI HOSPITAL- SOURCES

Source text for Eikon: [ID:]

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MUMBAI, Aug 19 (Reuters) - India's Tata Chemicals TTCH.NS has accepted bids worth 17 billion rupees ($202.75 million) for bonds maturing in three years, three bankers said on Monday.

It will pay a coupon of 7.81% and had invited bids from bankers and investors for the issue earlier in the day.

Here is the list of deals reported so far on Aug. 19:

*Size includes base plus greenshoe for some issues

($1 = 83.8470 Indian rupees)

(Reporting by Bhakti Tambe; Editing by Mrigank Dhaniwala)

(([email protected]))

MUMBAI, Aug 12 (Reuters) - India's Tata Chemicals TTCH.NS plans to raise 17 billion rupees ($202.5 million) through a sale of bonds maturing in three years, three bankers said on Monday.

It will pay a coupon of 7.18% and has invited bids from bankers and investors for the issue on Aug. 19, they said.

Here is the list of deals reported so far on Aug. 12:

*Size includes base plus greenshoe for some issues

($1 = 83.9340 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Sonia Cheema)

(([email protected]))

Aug 9 (Reuters) - Tata Chemicals Ltd TTCH.NS:

• TATA CHEMICALS - APPROVED NCDS ISSUE SIZE AT 17 BILLION RUPEES

• TATA CHEMICALS - APPROVED NCDS ISSUANCE ON PRIVATE PLACEMENT BASIS

Further company coverage: TTCH.NS

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Aug 5 (Reuters) - Tata Chemicals Ltd TTCH.NS:

• TATA CHEMICALS Q1 CONSOL NET PROFIT 1.5 BILLION RUPEES

• TATA CHEMICALS Q1 CONSOL REVENUE FROM OPERATIONS 37.89 BILLION RUPEES

Source text for Eikon: ID:nBSE8jznD6

Further company coverage: TTCH.NS

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** Shares of Rallis India Ltd RALL.NS down 6.4% at 318.60 rupees

** Stock set for second-worst day in 2024, if losses hold

** Tata Group-owned agrochem firm's Q1 profit falls, dragged by flat rev and slightly higher expenses

** Analysts tracking RALL rate it "hold" on avg; median PT is 269 rupees - LSEG data

** Day's losses trim YTD gains to 28% vs larger competitor UPL's UPLL.NS ~7% decline

(Reporting by Nandan Mandayam in Bengaluru)

(([email protected]; Mobile: +91 9591011727;))

** Shares of India's Tata Chemicals TTCH.NS down 0.8%

** Brokerage Kotak flags "difficult near-term outlook" for co

** Notes declines in businesses such as caustic soda, mainstay segment soda ash, says salt business "sole bright spot"

** However, TTCH eyes best week since early March, if trends hold

** Kotak retains "sell" rating, hikes PT to 780 rupees from 770 rupees

** Co trading at 1106 rupees, 31% higher than the median PT set by seven analysts covering the stock - LSEG data

** YTD stock had inched up 0.2% after gaining ~18% in 2023

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

** Shares of Tata Chemicals TTCH.NS decline as much as 4.7% before trimming some losses; last down 1.8% at 1,044 rupees

** Co said a UK court imposed a fine of 1.1 mln pounds ($1.4 mln) on its unit, relating to a safety incident in 2016, which led to loss of life of a contractor

** Analysts' avg rating on stock is "sell", median PT is 843 rupees - LSEG data

** Including session's losses, stock down 1.7% YTD vs ~10% gains in the Nifty 200 index .NIFTY200

($1 = 0.7821 pounds)

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

June 6 (Reuters) - Tata Chemicals Ltd TTCH.NS:

• TATA CHEMICALS LTD - THE CHESTER CROWN COURT, UK ORDERED FINE OF GBP 1.1 MILLION ON TATA CHEMICALS EUROPE

Source text for Eikon: ID:nNSE3xMlXB

Further company coverage: TTCH.NS

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** Shares of Tata Chemicals TTCH.NS fall as much as 4.5% to 1,050 rupees, lowest since March 26; last down 2.5%

** Co swings to Q4 loss from yr-ago profit, hurt by UK plant-related write down

** Kotak Institutional Equities says global soda ash market remains oversupplied, with no signs of meaningful recovery for now

** Stock down 2.3% YTD vs 8% gains in Nifty 200 index .NIFTY200

($1 = 83.5100 Indian rupees)

(Reporting by Sethuraman NR in Bengaluru)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

April 29 (Reuters) - Tata Chemicals Ltd TTCH.NS:

• TATA CHEMICALS MARCH-QUARTER CONSOL NET LOSS 8.5 BILLION RUPEES VERSUS PROFIT 7.09 BILLION RUPEES

• TATA CHEMICALS MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 34.75 BILLION RUPEES VERSUS 44.07 BILLION RUPEES

• APPROVED ISSUANCE OF NON-CONVERTIBLE DEBENTURES WORTH 20 BLN RUPEES

• DIVIDEND 15 RUPEES PER SHARE

• APPROVED ISSUANCE OF NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS

Source text for Eikon: [ID:]

Further company coverage: TTCH.NS

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April 24 (Reuters) - Tata Chemicals Ltd TTCH.NS:

• TO CONSIDER PROPOSAL FOR ISSUANCE OF NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS

Source text for Eikon: ID:nBSE1fmLYc

Further company coverage: TTCH.NS

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** Brokerage HSBC downgrades Tata Chemicals TTCH.NS to "reduce" from "hold", flags weak fundamentals in soda ash segment and elevated valuations

** TTCH ends session ~4% lower, extending declines from Friday

** Expect volume- and pricing-led pressure to impact Q4 results for UPL UPLL.NS and Rallis India RALL.NS, leading to 6%-25% rev declines, brokerage says

** Retains "buy" on UPL, "reduce" on RALL; avg rating on UPLL, RALL, TTCH are "buy", "hold" and "sell" respectively - LSEG

** Adds domestic agri-chem companies likely fared better, "prefers" PI Industries PIIL.NS and Dhanuka Agritech DHNP.NS

** Sector to revive in H2CY24 after "disrupted" 2023, led by lower inventory, stable prices - HSBC

** UPLL, RALL, PIIL, DHNP close down between 1.12%-2.6%

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

** Shares of Tata Chemicals TTCH.NS down 9.5% at 1,191 rupees, following 36% rally last week after Spark Capital note on potential IPO of Tata Sons

** Spark Capital said only realistic way to get exposure to potential value unlocking of Tata Sons stake is via TTCH

** TTCH's 3% stake in the group could be worth ~80% of TTCH's market cap

** However, media reports say Tata Sons' listing looks unlikely in foreseeable future

** Reports had pegged IPO size to likely be ~550 bln rupees ($6.65 bln)

** Other cos such as Tata Motors TAMO.NS, Tata Power TTPW.NS and Indian Hotels IHTL.NS with ownership in Tata Sons decline between 1% and 3%

($1 = 82.6850 Indian rupees)

(Reporting by Rama Venkat in Bengaluru)

(([email protected]; https://twitter.com/ramavenkat0607;))

** Shares of Tata Chemicals TTCH.NS up 14% at 1,340 rupees, after hitting fresh record high of 1,349 rupees earlier

** Stock up for fifth straight session, risen 43% during this period

** Tata Sons, parent of TTCH could list within next 18 months, investment banking firm Spark PWM said in a report early this week

** Ownership of Tata Sons potentially amounts to ~80% of market capitalisation of Tata Chemicals, the report said, adding TTCH's fair valuation at ~11x FY25 PE

** Spark PWM also said valuations of TTCH have been "suppressed"

** 1.7 mln shares changed hands via multiple block deals on Thursday as per LSEG

** Overall, 31.6 mln shares change hands, its most active session ever

** TTCH shares up 21.2% YTD after gaining ~18% in 2023

(Reporting by Sethuraman NR in Bengaluru)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

Feb 5 (Reuters) - Tata Chemicals Ltd TTCH.NS:

• DEMAND ENVIRONMENT FOR SODA ASH IN DOMESTIC MARKETS AND INTERNATIONAL MARKETS WAS CHALLENGING DURING QUARTER

• CURRENT DEMAND-SUPPLY SITUATION IS LIKELY TO PERSIST BUT SHOULD IMPROVE AND STABILISE OVER LONG TERM

Source text for Eikon: ID:nBSE8drv8C

Further company coverage: TTCH.NS

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Jan 30 (Reuters) - Tata Chemicals Ltd TTCH.NS:

• GOT ORDER LEVYING A PENALTY OF 43.8 MILLION RUPEES ON CO

Source text for Eikon: ID:nBSE6lwX6T

Further company coverage: TTCH.NS

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** Shares of Rallis India RALL.NS up 2.9% at 260.50 rupees, having risen as much as 4% earlier

** Agricultural chemical maker on Tuesday reported 9.9% Y/Y rise in Q3 net profit

** Revenue from ops fell 5.1% while total expenses declined 5.3%

** Co also approved proposal for capacity addition at pendimethalin plant at Dahej SEZ in Gujarat by ~2,000 MT/annum; plant's current capacity is ~5,000 MT/annum

** Trading vol 1.2x the 30-day daily avg

** Avg rating of 14 analysts equivalent of "sell", median PT is 214.50 rupees - LSEG data

** Stock rose 3.1% in 2023, after falling for two straight years

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

** Kotak Institutional Equities says exuberance around interest rate cuts, supply issues on chemical stocks could wane as sector still has growth issues in 2024

** Some stocks like Atul ATLP.NS, Aarti Industries ARTI.NS , Rallis India RALL.NS, SRF SRFL.NS, Tata Chemicals TTCH.NS, National Fertilizers NAFT.NS, Godrej Agrovet GODE.NS have rallied between 7%-17% in December

** Current data around chemical demand and pricing remains soft, demand still weak - brokerage

** 2024 outlook for crop commodities is quite mixed with low reservoir levels in India and lower agri commodity prices in U.S., Kotak says

** Import prices into India remain weak, as do export prices out of the U.S. - brokerage

(Reporting by Sethuraman NR in Bengaluru)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

** Shares of Rallis India RALL.NS surges 6.3% in heavy volume, set for their biggest one day jump since mid-Jan

** The reason for the move was not immediately clear

** Trading vol of over 11 mln is 16.6x the 30-day daily avg and highest since July 2003

** Stock hits about 9-week high of 234 rupees and is 16% shy of its 52-week high

** Stock last at 229.55 rupees, set to close above its 50-day moving avg for first time since mid-Sept

** Avg rating of the 14 analysts on RALL is "sell" and median PT is 210 rupees - LSEG data

** Stock trims YTD losses to ~5.5%

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected] ;))

** Shares of Tata Chemicals TTCH.NS fall 2% to 946 rupees

** Co on Friday reported a near 32% Y/Y drop in Q2 consolidated net profit after rev from ops fell 5.7%

** TTCH, which supplies to glass, detergent, industrial and chemical sectors flagged softening markets, especially in container glass and flat glass segments, triggering pricing pressure

** Adds, inventory de-stocking and related softness in overall demand is expected to persist throughout the current financial year

** More than 1.1 mln shares change hands by 2:52 p.m. IST, 1.9x the 30-day avg

** Avg rating of 7 analysts close to equivalent of "hold", median PT is 920 rupees - LSEG data

** Stock up 1% YTD

(Reporting by Ashish Chandra)

(([email protected] (+91 7982114624))