February 23, 2024
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BUY #NIFTY 22000 CE 6TH JUNE AT 160-170 SL : 120 TARGETS : 208, 234, 268 BUY #NIFTY 22000 CE 6TH JUNE AT 160-170 SL : 120 TARGETS : 208, 234, 268
BUY #NIFTY 22000 CE 6TH JUNE AT 160-170 SL : 120 TARGETS : 208, 234, 268 BUY #NIFTY 22000 CE...
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MORGAN STANLEY ON TATA CHEMICALS • Underweight with target price of Rs 843 • Believe the share price will fall relative to the country index over the next 45 days • Estimate that there is about an 80% + probability for the scenario • TTCH should see subdued soda ash earnings in F2025 • well-supplied soda ash markets, mixed demand sentiment and unfavorable competitive dynamics at play • See soda ash margins reverting to below mid-cycle levels • Valuations are tracking near +1sd and appear rich MORGAN STANLEY ON TATA CHEMICALS • Underweight with target price of Rs 843 • Believe the share price will fall relative to the country index over the next 45 days • Estimate that there is about an 80% + probability for the scenario • TTCH should see subdued soda ash earnings in F2025 • well-supplied soda ash markets, mixed demand sentiment and unfavorable competitive dynamics at play • See soda ash margins reverting to below mid-cycle levels • Valuations are tracking near +1sd and appear rich
MORGAN STANLEY ON TATA CHEMICALS • Underweight with target price of Rs 843 • Believe the share price will fall...
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