Tata Chemicals is a familiar company for Indian Investors.Considering the potential of Agriculture related sectors worldwide , this company deserves a position in the portfolio of any investor. Company is a leading manufacturer of Fertilisers and Soda Ash even in a global level.Through several acquisitions company has grown many fold in recent years. Company is also selling Iodised salt in different brand names like "TATA SALT','I-shakti''TOPP SALT'..etc.In the Fertiliser sector TCL manufacturing and selling Urea,Single super phosphates,Di-ammonium phosphate,Nitrogen phosphorous potassium complexes..etc The sharp rise in fertiliser prices in recent times is expected to help the company to post improved realisation in this sector.Company also having a joint venture with Ireland based Total Produce . Total Produce is the third largest fruit and vegetable distribution company in the world and Europe’s largest fresh produce provider.Through this joint venture company - named 'Khet Se '- Company offering fresh fruits and vegetables.As a brand extention , Tata Chemicals recently started selling pulses like chana, toor, urad and moong under the brand name I- Shakti.Along with its subsidiary Rallis India , Company is initiating a campaign called 'Grow More Pulses' as a knowledge sharing platform for farmers.Company's another initiative is 'The Tata Kisan Sansar'which is a network of about nearly 700 farmer resource centers that caters to more than 3.5 million farmers in 22000 villages in the northern and eastern part of India.Since it is not a micro cap and lot of reports are easily available about this company, I am not explaining much on this,but I feels this is the company from TATA group having maximum potential to grow in the next 10 year period.For the latest quarter ended September , on a consolidated basis company posted a jump of 116 % in its net profit. One should include it in your portfolio at CMP of Rs.350/-
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Sunday, December 11, 2011
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ROE is just 9%
ReplyDeleteThis post is same as that of previous post only CMP is different
ReplyDeletehttp://value-picks.blogspot.com/2011/09/tata-chemicals-ltd-must-buy.html
Dear Zulfiqar
ReplyDeleteIn the past few years company made large acquisitions outside India .But its benefits are just started to flow in.
Yes , it is same as old posting that is why it is mentioned as 'REPEAT' .But previous post was before the declaration of September quarter result.Now it is more attractive even after almost ten percent rise from previous reco.
ReplyDeleteHello VPji,
ReplyDeleteWhat is your opinion on Jai Balaji industries?
Does it deserve this kind of a fall?
Thanks
RamKumar
Is Jyothy Laboratories heading for a turnaround.
ReplyDelete@Valupick
ReplyDeleteSir I have 350 EPC Industries B @ 80.With the markets tumbling should i hold to that? or should i book profit?plz help thanks
Dear Ramkumar
ReplyDeleteI am bit Skeptical on Jai Balaji
Dear Debasish deb
ReplyDeleteJyothy Lab is already a profit making company . No question of turnaround
Dear Viki
ReplyDeleteIf you have a long term view and in a position to subscribe the rights issue - hold it
Valueji,
ReplyDeleteDo you think one can add at current levels or wait at it seems like market is in correcting mode and it may also drift much lower to around 11K levels or less.