04 Jan 2024

RCF rises on getting Environmental Clearance for setting-up of Plant at Thal

Rashtriya Chemicals and Fertilizers is currently trading at Rs. 173.30, up by 1.80 points or 1.05% from its previous closing of Rs. 171.50 on the BSE.

The scrip opened at Rs. 173.85 and has touched a high and low of Rs. 176.40 and Rs. 172.25 respectively. So far 384080 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 176.70 on 02-Jan-2024 and a 52 week low of Rs. 89.50 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 176.70 and Rs. 158.20 respectively. The current market cap of the company is Rs. 9635.23 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 2.89% and 22.11% respectively.

Rashtriya Chemicals and Fertilizers (RCF) has received Environmental Clearance (EC) from Ministry of Environment, Forest and Climate Change, IA division, vide its letter dated January 2,2024 for the Setting-up a New 1200 MTPD (DAP BASIS) Complex Fertilizer Plant at existing RCF facility Thal, Maharashtra. 

RCF, 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.