Rashtriya Chemicals and Fertilizers Ltd has been accused of using coercive tactics such as 'product tying' or 'tagging' to force farmers to purchase higher-than-necessary quantities of fertilisers
Fertiliser companies are set to post healthy earnings growth, driven by volume growth in the Urea biz and sizeable cost savings in producing phosphoric acid for complex fertiliser makers
The catalyst for this rally in fertiliser shares was the anticipated increase in the price of Di-Ammonia Phosphate (DAP), the second most widely used fertiliser in India after urea
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.
ONGC, Oil India, GNFC, Tata Chemicals and Sun Pharma are among the 9 stocks that could rally up to 20%, suggests technical charts. Check key support and resistance levels for these stocks here.