Tata Chemicals Limited’s (NSE:TATACHEM) Share Price Not Quite Adding Up
There wouldn’t be many who think Tata Chemicals Limited’s (NSE:TATACHEM) price-to-sales (or “P/S”) ratio of 1.6x is worth a mention when the median P/S for the Chemicals industry in India is similar at about 1.5x. Although, it’s not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
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