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RCF rises on plan to invest Rs 363 crore in Thal units for reducing energy consumption

21 Jul 2015 Evaluate

Rashtriya Chemicals & Fertilizers (RCF) is currently trading at Rs. 56.50, up by 0.20 points or 0.36% from its previous closing of Rs. 56.30 on the BSE.

The scrip opened at Rs. 56.35 and has touched a high and low of Rs. 57.10 and Rs. 56.20 respectively. So far 194381 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 74.75 on 19-Feb-2015 and a 52 week low of Rs. 48.35 on 13-Aug-2014.

Last one week high and low of the scrip stood at Rs. 57.45 and Rs. 55.60 respectively. The current market cap of the company is Rs. 3114.28 crore.

The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 9.96% and 10.04% respectively.

Rashtriya Chemicals & Fertilisers (RCF) is planning to invest Rs 363 crore for reducing consumption of energy at its two urea-ammonia units at Thal in the state of Maharashtra. The company is looking to change the existing steam turbine driven machinery to the motor driven mode in the two units.

The proposed changes may save around 10,601 SM3/hr (standard cubic meter per hour) of natural gas, 6,643 cubic meter per day (CMPD) of water and 233 metric tonne per hour (MTPH) of high pressure steam.

This step by the company is in line with government’s new urea policy, which lays emphasis on making the production units more energy efficient.

 

RCF Share Price

131.70 2.85 (2.21%)
17-Apr-2026 16:59 View Price Chart
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