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Tata Chemicals to acquire Novabay for ₹260 crore

after close1 source ↓written by the desknot a recommendation

of Singapore-based Novabay
100% equity shares
Euro 25 million
₹260 crore

Tata Chemicals announced its acquisition of 100% equity shares of Singapore-based Novabay for ₹260 crore (Euro 25 million). This move aims to enhance Tata Chemicals' presence in the specialty bicarb market, aligning with its strategy to focus on high-value, non-cyclical products. Novabay is a leading producer of premium-grade sodium bicarbonate, catering to pharmaceutical and food sectors.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 21 Dec 2025, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TATACHEM closed +0.9% on the day of the news, from ₹761.30 to ₹768.50; Nifty +0.8% over the same session.

Bulletin at 16:03 IST on 21 Dec 2025. Every change is measured from ₹761.30, the last close before it, on 19 Dec. Nifty 50 is measured over the same sessions.

  • TATACHEM close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
TATACHEM closes around the bulletin against the close before the news, with Nifty 50 rebased to it528.65761.30993.95axis spans 88%before the news · 19 Dec761.30Nifty 50TATACHEMbulletinD0+1+3+515 Dec26 Dec6 JanReference close ₹761.30. 16 sessions from 15 Dec to 6 Jan; the price axis spans 88 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before19 Dec₹761.30basebase
On the day22 Dec₹768.50▲ +0.9%▲ +0.8%+0.2 pp difference
+1 session23 Dec₹776.65▲ +2.0%▲ +0.8%+1.2 pp difference
+3 sessions26 Dec₹763.00▲ +0.2%▲ +0.3%−0.1 pp difference
+5 sessions30 Dec₹748.40▼ −1.7%▼ −0.1%−1.6 pp difference
Gap at the open, % · ₹
▲ +1.1%+8.68 on 22 Dec
Day's range, % · ₹
1.6%≈ 12 high to low
Volume on the day
1.27×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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