India's Tatva Chintan hits record low after posting Q2 loss

Tatva Chintan Pharma Chem

28/10/2024 04:59

** Shares of Tatva Chintan Pharma  TATV.NS  falls 10.6% to a
record low of 821 rupees
    ** Specialty chemicals maker posts Q2 loss of 6.6 million
rupees ($78,505.07) vs profit of 77.8 mln rupees a year ago
    ** TATV sees busiest day in more than a month, with over
183,000 shares traded
    ** Analysts' avg rating on stock is "hold" vs "buy" on peer
Gujarat Fluorochemicals  GUJL.NS  - LSEG
    ** Median PT on TATV is 1,021 rupees - LSEG
    ** Stock down 49% YTD vs 12% gain in GUJL


($1 = 84.0710 Indian rupees)

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