CMP: Rs 276 (as of Wednesday)
Target Price: Rs 374
· The acquisition of Brunner Mond in Aug 2006 propelled Tata Chemicals (TCL) into the league of global soda ash majors. The Brunner Mond Group has manufacturing facilities in the
· The capacity of the Magadi plant in
· In a nutshell, Potential upside: 36%, and I maintain Buy recommendation with a time frame of 12 months.