truthseekerisabeau
New member
What do you people think about Tata Chemicals? The company has had good sales growth in last 2 FYs although last 2 quarters had negative growth + slight reduction in operating margins due to reduced demand of soda ash.
Interesting part is that TCL holds 2.53% stake in Tata sons (which during recent IPO news was rumored to be valued at $100 billion) which if taken at market value would significantly raise the book value of TCL.
The P/B ratio is currently 1.3 but if Tata Sons stake is considered then it would be
Interesting part is that TCL holds 2.53% stake in Tata sons (which during recent IPO news was rumored to be valued at $100 billion) which if taken at market value would significantly raise the book value of TCL.
The P/B ratio is currently 1.3 but if Tata Sons stake is considered then it would be