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Tata Chemicals’ Credit Ratings Reaffirmed by CARE

Story Highlights
  • Tata Chemicals operates in chemicals, fertilizers, and consumer products.
  • CARE Ratings reaffirmed Tata Chemicals’ strong credit ratings, enhancing stakeholder confidence.
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Tata Chemicals’ Credit Ratings Reaffirmed by CARE

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The latest update is out from Tata Chemicals Limited ( (IN:TATACHEM) ).

Tata Chemicals Limited announced that CARE Ratings Limited has assigned and reaffirmed its credit ratings for various financial instruments. The ratings, which include a ‘CARE AA+; Stable’ for non-convertible debentures and long-term bank facilities, and ‘CARE A1+’ for short-term bank facilities, reflect the company’s strong financial position and stability. This reaffirmation of credit ratings is likely to bolster stakeholder confidence and support Tata Chemicals’ strategic initiatives in the market.

More about Tata Chemicals Limited

Tata Chemicals Limited operates in the chemical industry, focusing on the production and distribution of chemicals, fertilizers, and other related products. The company serves a diverse range of markets, including agriculture, industrial chemicals, and consumer products.

Average Trading Volume: 37,757

Technical Sentiment Signal: Hold

Current Market Cap: 203.9B INR

For an in-depth examination of TATACHEM stock, go to TipRanks’ Overview page.

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