Tata Chemicals stock down by 8%

On Wednesday, Tata Chemicals stock fell more than 8% after exiting the F&O ban list. The company was on the list for most of March. 

In March, Tata Chemicals stock hiked by 40% on the anticipation note by Spark Capital that Tata Sons will be listed in September 2025 and Tata Chemicals has a 3% stake in the company.

However, as per recent news, the listing is an unlikely event, which impacted Tata Chemicals' share price negatively. 

Tata Chemicals stock slumped by 8% reaching Rs. 1032 from the previous close of Rs. 1120.90. The day’s low was at Rs. 1020.55.

Some analysts have predicted that the company’s stock would be impacted by a fall in the margins of soda ash.

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