{"id":58053,"date":"2022-08-10T13:41:00","date_gmt":"2022-08-10T08:11:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=58053"},"modified":"2022-08-10T13:38:28","modified_gmt":"2022-08-10T08:08:28","slug":"tata-stock-jumps-9-on-robust-q1-performance","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/tata-stock-jumps-9-on-robust-q1-performance\/","title":{"rendered":"Tata Stock jumps 9% on robust Q1 performance"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3495070575\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of Tata Chemicals opened on a bullish note at Rs 999.95, then gained further ground to touch Rs 1,043, registering a jump of 8.96 per cent over its previous close. In the past month, the stock has gained more than 24%. From the beginning of 2022, the stock has been volatile and has added 14% YTD.\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2112736357\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The recent rally can be attributed to the stellar results published by the company. In Q1FY23, the company reported a 34.15 per cent jump in its revenue to Rs 3,995 crore compared to Rs 2,978 crore in the same period of last fiscal.\u00a0<\/p><p>In the quarter under review, its net profit jumped by 86.25 per cent and stood at Rs 637 crores up from Rs 342 crore which it earned in the corresponding quarter of the previous fiscal.\u00a0<\/p><p>\u201cThe company will continue to focus on operational excellence and executing growth CAPEX, he added. The company has committed an investment of \u20b91,800 crores till June and plans to invest \u20b91,100 crores to complete the first phase of expansion by March 2024,\u201d said R Mukundan, MD of Tata Chemicals.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3687974711\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Tata Chemicals Limited, part of the Tata group is an Indian global company with interests in chemicals, crop protection, and specialty chemical products. It is one of the largest chemical companies in India with operations in India, Europe, North America, and Africa.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by &#8211; Anoushka Roy<\/strong><\/p><\/blockquote><p><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The content in this news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2441042475\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of Tata Chemicals opened on a bullish note at Rs 999.95, then gained further ground to touch Rs 1,043, registering a jump of 8.96 per cent over its previous close. In the past month, the stock has gained more than 24%. From the beginning of 2022, the stock has been volatile and has [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":32602,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[4628,2363,3102,3103],"class_list":["post-58053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-tata-chemicals","tag-tata-group","tag-tata-group-multibagger-stock","tag-tata-group-stock"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tata Stock jumps 9% on robust Q1 performance - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/tata-stock-jumps-9-on-robust-q1-performance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tata Stock jumps 9% on robust Q1 performance\" \/>\n<meta property=\"og:description\" content=\"The shares of Tata Chemicals opened on a bullish note at Rs 999.95, then gained further ground to touch Rs 1,043, registering a jump of 8.96 per cent over its previous close. 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