Rashtriya Chemicals And Fertilizers

The better-than-expected retail inflation data and expectations of a good monsoon season ahead have lifted the sentiment around fertiliser stocks

The rise in RCF share price came on the back of healthy results in the September quarter of financial year 2025 (Q2FY25)

The RCF share price surged after the company announced that it has awarded an order of a little over Rs 1,000 crore to L&T Energy Hydrocarbon division of L&T.

The stock rose after the company announced that it has bagged an order worth Rs 514.55 crore

ICICI Securities does not expect the reduction in prices to have a major impact on the balance sheet of fertiliser companies

The Union Government plans to sell 10 per cent stake in Rashtriya Chemicals and Fertilisers Ltd (RCFL) through offer for sale (OFS)

Fertiliser sales surged by almost 98 per cent year on year in May 2020, according to government data

According to the new norm, the minimum local content has been fixed at 60 per cent for 2020-21, 70 per cent for 2021-23 and 80 per cent during 2023-25, an official statement said

The Cabinet has approved selling of Transferable Development Right (TDR) Certificate received/receivable against the transfer of land to MMRDA and MCGM