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Tata Chemicals Shares Surge 10% After Kenya Court Ruling

Tata Chemicals shares rose 10% in intraday trade after the company said Kenya's High Court ruled it had no jurisdiction over a dispute involving its East African subsidiary, Tata Chemicals Magadi.

TATACHEM

New Delhi, Oct. 26 -- Tata Chemicals shares surged 10% in intraday trade on Monday, 26 October, after the company said Kenya's High Court had ruled that it has no jurisdiction over the dispute involving its East African subsidiary, Tata Chemicals Magadi Ltd (TCML), a major soda-ash producer in Afri…