India's Tatva Chintan rises as plant closure order revoked

Gujarat Fluorochemicals

08/10/2024 08:37

** Shares of Tatva Chintan Pharma Chem  TATV.NS  up 2.6% to
1002 rupees, its biggest intraday pct gain since Sept. 24
    ** Stock set to mark first day of gains after 4 straight
sessions of losses
    ** Co says Gujarat's pollution watchdog temporarily revokes
closure direction for its Bharuch plant, and that it is in the
process of resuming operations
    ** Avg rating of analysts on stock is "Buy," same as that on
peer Gujarat Fluorochemicals  GUJL.NS  - LSEG
    ** Their median PT is 1,020.5 rupees
    ** Stock down 39% YTD vs 8% gain in GUJL

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))