RCF declines after poor Q1 performance

Rashtriya Chemicals & Fertilizers fell 1.51% to Rs 45.55 at 10:39 IST on BSE after consolidated net profit fell 65.3% to Rs 7.98 crore on a 24% rise in net sales to Rs 2,409.48 crore in Q1 June 2019 compared with Q1 June 2018.

The result was announced after market hours yesterday, 8 August 2019.

Meanwhile, S&P BSE Sensex was up 325.38 points or 0.87% at 37,652.74.

On BSE, 41,000 shares were traded in the counter, compared to a 2-week average of 1.18 lakh shares. The stock hit an intraday high of Rs 45.90 and an intraday low of Rs 45. It hit a 52-week high of Rs 79.85 on 14 September 2018 and a 52-week low of Rs 44.10 on 6 August 2019.

 

Rashtriya Chemicals & Fertilizers (RCF) is a fertilizer and chemical manufacturing company.

Powered by Capital Market - Live News