Tata Chemicals Share Price Drops 10% After IPO Speculations Debunked

Tata Chemicals’ stock plummeted by 10% today (March 11), following a 36% surge last week prompted by IPO rumors. Contrary to earlier reports, Tata Sons is not pursuing an IPO soon, considering alternatives to comply with RBI regulations. Tata Chemicals faces potential loss of value if IPO plans don’t materialize.