Kenya shows Tata Chemicals the door, shares fall 3%
Tata Chemicals shares experienced a 3% drop, reaching their lowest point of Rs 625 on the BSE on Friday. This decline occurred following a statement from Kenyan President William Ruto, who had ordered the company to cease its operations in the country. Ruto alleged that Tata Chemicals' presence had not benefited Kenya and announced that the Kenyan government would bring in two new companies to take over the operations.
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