RCF gains on issuing Commercial Paper worth Rs 175 crore

02 Jan 2017

Rashtriya Chemicals & Fertilizers is currently trading at Rs. 47.60, up by 0.85 points or 1.82% from its previous closing of Rs. 46.75 on the BSE.

The scrip opened at Rs. 47.25 and has touched a high and low of Rs. 47.90 and Rs. 46.75 respectively. So far 151168 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. 47.40 and Rs. 44.55 respectively. The current market cap of the company is Rs. 2620.52 crore.

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

Rashtriya Chemicals and Fertilizers (RCF) has issued Commercial Paper for Rs 175 crore on December 30, 2016, in favour of State Bank of India, having maturity date as March 30, 2017. The company has issued Commercial Papers as per guidelines issued by the Reserve Bank of India (RBI).

Earlier, the company had also issued Commercial Paper on October 19, 2016, for Rs 150 crore which has been redeemed on December 30, 2016.

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

44.85 0.25 (0.56%) Dec 12, 12:25
1 Year Price Chart
Peers
Company Name CMP
Coromandel Interntl. 510.60
National Fertilizers 24.75
Chambal Fert & Chem 145.65
RCF 44.85
GSFC 68.55
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Sensex vs RCF
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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