Value Investing News

Strong growth in fertilisers despite disruption: Tata Chemicals’ (TCL’s) consolidated net sales grew by ~13% YoY to Rs22.7bn as against our expectation
of Rs26.8bn. On QoQ basis, net sales de-grew by ~14% due to shut-down of the Haldia fertiliser plant for ~60days on account of political disruption and the shutdown of General Chemical’s (GCIP) and Brunner Mond’s (BMGL) soda ash plants for seven and twenty days, respectively due to adverse weather conditions
during Q4FY10. Fertiliser..

To read more you can refer to:
http://www.dsij.in/productattachment/BrokerRecommendation/TATA%20Chem.pdf

Source: Dalal Street investment journal
www.dsij.in