RCF advances on issuing Commercial Paper worth Rs 100 crore

23 Nov 2016

Rashtriya Chemicals and Fertilizers (RCF) is currently trading at Rs. 43.10, up by 0.20 points or 0.47% from its previous closing of Rs. 42.90 on the BSE.

The scrip opened at Rs. 43.40 and has touched a high and low of Rs. 43.50 and Rs. 42.40 respectively. So far 53,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 53.75 on 07-Jul-2016 and a 52 week low of Rs. 35.25 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 43.50 and Rs. 40.50 respectively. The current market cap of the company is Rs. 2,377.78 crore.

The promoters holding in the company stood at 80.00%, while Institutions and Non-Institutions held 7.54% and 12.46% respectively.

RCF has issued Commercial Paper for Rs 100 crore on November 21, 2016, in favour of HDFC Bank, having maturity date as February 17, 2017. The company has issued Commercial Papers in terms of the guidelines issued by the Reserve Bank of India (RBI).

RCF, a Government of India Undertaking is a leading fertilizer and chemical manufacturing company with about 80% of its equity held by the Govt. of India. RCF manufactures Urea and Complex fertilizers (NPK) along with a wide range of Industrial Chemicals. Govt. of India has accorded 'Mini Ratna' Status to RCF.

Related Rashtriya Chemicals & Fertilizers Ltd. Links:

RCF Share Price

82.50 0.05 (0.06%) May 18, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323