RCF gains on issuing commercial paper worth Rs 50 crore

27 Oct 2017

Rashtriya Chemicals & Fertilizers (RCF) is currently trading at Rs. 91.60, up by 0.80 points or 0.88% from its previous closing of Rs. 90.80 on the BSE.

The scrip opened at Rs. 91.65 and has touched a high and low of Rs. 92.60 and Rs. 91.00 respectively. So far 255947 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 106.45 on 04-Aug-2017 and a 52 week low of Rs. 40.50 on 21-Nov-2016.

Last one week high and low of the scrip stood at Rs. 93.90 and Rs. 86.10 respectively. The current market cap of the company is Rs. 5053.46 crore.

The promoters holding in the company stood at 75.00%, while institutions and non-institutions held 8.98% and 16.02% respectively.

RCF has issued Commercial Paper worth Rs 50 crore on October 24, 2017, in favour of ICICI Bank, having maturity date as December 29, 2017. This step has been taken in terms of the guidelines issued by the Reserve Bank of India (RBI).

Rashtriya Chemicals and Fertilizers, a Government of India Undertaking is a leading fertilizer and chemical manufacturing company with about 80% of its equity held by the Government of India. The company manufactures Urea, Complex Fertilizers, Bio-fertilizers, Micro-nutrients, 100 percent water soluble fertilizers, soil conditioners and a wide range of Industrial Chemicals.

Related Rashtriya Chemicals & Fertilizers Ltd. Links:

RCF Share Price

56.45 2.80 (5.22%) Feb 24, 18:55
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Peers
Company Name CMP
Coromandel Interntl. 761.55
National Fertilizers 39.45
Chambal Fert & Chem 231.55
RCF 56.45
GSFC 81.45
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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