Archive · 6 Oct 2026
Tata Chemicals Shares Recover After Supreme Court Stay
Tata Chemicals is involved in a court case about land at Mithapur, Gujarat.
The company says it already had rights to this land.
The Supreme Court has temporarily stopped the Gujarat government and others from taking certain forceful steps against the company.
The court also asked the state government to respond.
After the court order became known, Tata Chemicals shares rose during Tuesday’s trading but were nearly unchanged by 15:05.
The shares have still fallen over the past year and so far this year.
The case is continuing.
Tata Chemicals shares traded at ₹617.20 on Tuesday at 15:05, down 0.03% from the previous close.
The stock reached an intraday high of ₹624.75 after opening at ₹620.
The Supreme Court restrained the Government of Gujarat and others from taking coercive action against Tata Chemicals in an ongoing land-rights case.
The dispute concerns the company’s claimed pre-existing rights over land at Mithapur, Gujarat, where legacy open wastewater channels ran into the sea.
The shares were down 33.44% over one year and 17.89% year-to-date, underperforming the Nifty 500.
- Who
- Tata Chemicals Limited and the Government of Gujarat are involved in the land-rights case.
- What
- The Supreme Court restrained the state government and others from taking coercive action against Tata Chemicals and issued a notice seeking the state’s response.
- When
- The Supreme Court order was dated October 5, 2026; the report was published October 6, 2026.
- Where
- The dispute concerns land at Mithapur, Gujarat.
- Why
- The case concerns Tata Chemicals’ claimed pre-existing rights over land where legacy open wastewater channels ran into the sea.
- Share price at 15:05
- ₹617.20, down 0.03% from the previous close of ₹617.40
- Intraday high
- ₹624.75
- Supreme Court order
- Dated October 5, 2026; restrained coercive action against Tata Chemicals and sought the state government’s response
- Case
- Writ Petition No. 26530, concerning land rights at Mithapur, Gujarat
- Trading activity
- ₹37.41 crore traded value on 6.04 lakh shares
- Longer-term performance
- Down 33.44% over one year and 17.89% year-to-date
- Nifty 500 comparison
- Down 4.45% over one year and 7.41% year-to-date