RCF

The government claims the use of nano urea and DAP can be game-changers, but many private fertiliser manufacturers remain in wait-and-watch mode

Among individual stocks, the technical & derivative analyst from HDFC Securities recommends Buy on RCF and Triveni Engineering.

Shares of Coromandel International, Deepak Fertilisers, GSFC, Madras Fertilisers, National Fertilisers, RCF, and Zuari Agro Chemicals have soared up to 196 per cent so far this calendar year (CY22)

The proceeds of the sale of these two companies in future will flow directly to the lenders of the Reliance Capital which is currently undergoing a bankruptcy process

The commissioning of new plants is expected to bring down import dependency to less than half the current levels

The commissioning of new plants is expected to bring down import dependency to less than half of current levels

This is owing to rising domestic production, nano supplies

The technical analyst from HDFC Securities expects the Nifty to rally towards 17,794 on a breakout above 17,500-level.

Select stocks have soared more than 50 per cent in the last one month riding the commodity boom.

Court asks all parties to file written submissions by December 12 and will hear the matter on December 16

The government is likely to sell shares in two fertiliser companies -- RCF and NFL -- by December-end to garner over Rs 1,200 crore, an official said. The offer for sale (OFS) would be for 10 per cent of government stake in Rashtriya Chemicals & Fertilizers Ltd (RCF) and 20 per cent in National Fertilizers Ltd (NFL). "The transactions could fetch around Rs 1,200 crore to Rs 1,500 crore", the official told PTI. The merchant bankers for the transaction have already been appointed. The official further said that considering the steps taken by the government for the fertiliser sector, the valuation of the shares could improve in the coming months. Shares of RCF closed at Rs 72.25, while that of NFL at Rs 53.95 on the BSE on Friday. The government currently holds 74.71 per cent stake in NFL and 75 per cent in RCF. The government has set an ambitious target of raising Rs 1.75 lakh crore from divestment in 2021-22, higher than Rs 38,000 crore it raised last fiscal. Most disinvestment

With the forecast of normal monsoons and the rollout of Covid vaccination programme in the coming months, CARE Ratings expects economic activities to normalize during FY22

Last week, rating agency ICRA reaffirmed credit ratings of the RCF's instruments and revised outlook to 'positive' from 'stable

The revision in outlook to 'Positive' factors in the disbursal of additional subsidy announced under the Atma Nirbhar Bharat Package 3.0 announced for the fertilizer sector

PSU stocks like IRCTC, BPCL, RCF, and RITES have not seen aggressive selling pressure. A small recovery may see a strong bullishness going forward

Edelweiss Securities expects earnings momentum in the sector is likely to accelerate in Q3FY21 driven by good start to Rabi along with a healthy cash flow position of farmers

RCFL, which according to its website has been re-branded as Reliance Money, is a non-banking finance company (NBFC) with asset under management of Rs 11,000 crore.

State-owned fertiliser firm RCF has sold industrial products worth Rs 200 crore till July 27 in this financial year.

Also plans Thal plant expansion by spending Rs 5,500 cr

Blast at Chembur factory occurred around 4:30 p.m. in boiler No. 2 which had been shut down for maintenance