Tata Chemical Ltd. an undercalued stock

AboutTata Chemicals is a global chemicals company serving the needs of industry, consumers and the agricultural sector. The Company manufactures inorganic chemicals, consumer products, crop protection and agriculture inputs, and nutritional solutions.

Details

Market Cap:  ₹7,599 Cr.
Current Price:  ₹300.05
52 weeks High / Low  ₹347.57 / ₹197.00
Book Value:  ₹506.19
Stock P/E: 1.11
Dividend Yield: 3.69 %
ROCE: 39.17 %
ROE: 54.42 %CheaklistCurrent price is less than the intrinsic value and is generating better return on equity as well as it offers good dividend returns at the same time is not in an over bought zone. From investment point of view one can go long with a tenure of 1 year. 
Promoter holding in the company has increased by 3.51 percentage, which is a good sign and strongly recommend to buy this one on the basis of above strong fundamental as stated above.

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