AgenciesIIFL has buy call on Rashtriya Chemicals & Fertilizers with a target price of Rs 104. The current market price of Rashtriya Chemicals & Fertilizers Ltd. is Rs 97.05. Rashtriya Chemicals & Fertilizers Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 5354.13 Crore) operating in Fertilisers sector.
Rashtriya Chemicals & Fertilizers Ltd. key Products/Revenue Segments include Other Operating Revenue, Urea, Suphala 15:15:15, Ammonium Nitrate Melt, Ammonia, Di Ammonium Phosphate (DAP), NPK 20-20-0, Other Industrial Products, Methylamines, Nitric Acid (Diluted), Muriate Of Potash (Trading), NPK ( Sikka ), Others, By Products, Scrap for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 5017.41 Crore, up 21.17 % from last quarter Total Income of Rs 4140.66 Crore and up 107.57 % from last year same quarter Total Income of Rs 2417.26 Crore. Company reported net profit after tax of Rs 295.08 Crore in latest quarter.
Investment Rationale
RCF has given a consolidation breakout
Promoter/FII Holdings
Promoters held 75.0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 2.95 per cent, DIIs 0.3 per cent.
Rashtriya Chemicals & Fertilizers Ltd. key Products/Revenue Segments include Other Operating Revenue, Urea, Suphala 15:15:15, Ammonium Nitrate Melt, Ammonia, Di Ammonium Phosphate (DAP), NPK 20-20-0, Other Industrial Products, Methylamines, Nitric Acid (Diluted), Muriate Of Potash (Trading), NPK ( Sikka ), Others, By Products, Scrap for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 5017.41 Crore, up 21.17 % from last quarter Total Income of Rs 4140.66 Crore and up 107.57 % from last year same quarter Total Income of Rs 2417.26 Crore. Company reported net profit after tax of Rs 295.08 Crore in latest quarter.
Investment Rationale
RCF has given a consolidation breakout
Promoter/FII Holdings
Promoters held 75.0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 2.95 per cent, DIIs 0.3 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Read More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Pick the best stocks for yourself
Powered by
Get Unlimited Access to The Economic Times
