Rcf

Use of nano-urea, DAP game-changers? Manufacturers in 'wait-and-watch' mode

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

Trading strategy in Nifty on the Budget Day by Vinay Rajani

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

Fall in RM costs, higher urea subsidy may buoy fertiliser stocks: Analysts

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)

RCap lenders hive off home finance, NBFC into separate trust for resolution

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

India set to be self-sufficient in urea by 2025 with six new plants

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

India set to be self-sufficient in urea by 2025 even without help from nano

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

India may not need to import urea after 2025, says Mansukh Mandaviya

This is owing to rising domestic production, nano supplies

Brigade Enterprise, RCF are the top trading picks of Vinay Rajani

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

Fertilizer shares in demand, zoom up to 20% amid supply worries

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

Reliance Commercial Fin resolution: HC allows bondholders to vote on Dec 8

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

RCF, NFL share sale by December, govt to get Rs 1,200 crore

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

Fertiliser shares in focus; Deepak Fertilisers, RCF rally over 10%

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

Fertiliser shares jump; RCF, National Fertilizers zoom up to 68% in a week

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

RCF surges 15% as ICRA reaffirms ratings with positive outlook

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

BPCL, IRCTC: 5 PSU stocks to include in your portfolio ahead of Budget 2021

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

Chart check: How fertiliser stocks are faring ahead of Q3 nos, Budget 2021

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

Lenders to Reliance Commercial Finance invite bids for sale of NBFC

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.

Fertiliser firm RCF sells industrial products worth Rs 200-cr so far

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

Rashtriya Chemicals to set up 1.3-mt urea plant in Iran

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

Three workers killed in blast in RCF's Mumbai plant

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