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Ninad Ramdasi
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Stellar Q1 Results Lead to a Rally in these Chemical Stocks 

Tata Chemicals Ltd surged 13.5 per cent at a high of ₹1086.30 as it reported a 110 per cent jump in its PAT in Q1FY23 at ₹612 crore compared to Q1FY22. Net sales grew by 34.15 per cent to ₹3995 crore during the quarter. PAT margins expanded by 555 bps and stood at 15.32 per cent for the quarter. At the time of writing, the shares of Tata Chemicals are trading at ₹1080.45 up 12.88 per cent.

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