*Tata Chemicals Ltd.* | *CMP* Rs. 959 | *M Cap* Rs. 24436 Cr | | RJSTOCKS ROCKET NEWS🚀🚀🚀 / NIFTY , BANKNIFTY , STOCKS

*Tata Chemicals Ltd.* | *CMP* Rs. 959 | *M Cap* Rs. 24436 Cr | *52 W H/L* 1158/498
(Nirmal Bang Retail Research)
*Result is broadly in-line with expectations*
Revenue from Operations came at Rs. 3141.7 Cr (3.9% QoQ, 20.6% YoY) vs expectation of Rs. 3074.6 Cr, QoQ Rs. 3022.6 Cr, YoY Rs. 2606.1 Cr
EBIDTA came at Rs. 545.1 Cr (8.8% QoQ, 15.5% YoY) vs expectation of Rs. 556.1 Cr, QoQ Rs. 500.9 Cr, YoY Rs. 471.9 Cr
EBITDA Margin came at 17.4% vs expectation of 18.1%, QoQ 16.6%, YoY 18.1%
Adj. PAT came at Rs. 310.3 Cr vs expectation of Rs. 245.1 Cr, QoQ Rs. 232.2 Cr, YoY Rs. 160.9 Cr
Quarter EPS is Rs. 12.2
Stock is trading at P/E of 19.4x FY23E EPS