RCF offer-for-sale: AVOID

REUTERS - The government raised $56.84 million by selling some of its shares in state-run Rashtriya Chemicals and Fertilizers Ltd (RCF) on Friday, as part of a divestment drive to help rein in the budget deficit.

Rashtriya Chemicals & Fertilizers rose 2.75% to Rs 41.15 at 13:09 IST on BSE after net profit rose 3.5% to Rs 117.52 crore on 12.5% decline in net sales to Rs 2171.13 crore in Q4 March 2013 over Q4 March 2012. The Q4 result was announced after ...

In view of the increasing gap in demand and supply of urea in the country, M/s Rashtriya Chemicals & Fertilizers Limited (RCF), a urea producing company in the public sector has submitted a proposal of Thal-III (Maharashtra) brown field ...

Source: IRIS (02-MAY-13) Comments | Post Comment Fertilisers stocks dropped on Thursday after government of India decided to cut the subsidies on phosphate and potash-based fertilisers in the fiscal year that began in April in an effort to rein in ...

State-run insurer the Life Insurance Corporation of India (LIC) has boosted the Indian government's record disinvestment kitty by purchasing more than Rs 2,000 crore or 10 per cent of the total shares sold by the government in PSUs in FY ...

DALLAS The global water soluble fertilizers market ...

The S&P BSE PSU index, made up of 60 state-controlled companies, has taken a beating in the past two months. While the broad market, measured by the S&P BSE 100 index, has dropped by 4% from its peak in mid-January, the PSU index has fallen by over ...

The report titled provides detailed overview on the fertilizer market of India. This report helps reader to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The ...

Backgrounder The year-wise quantity and value of urea imported on Government Account during the last three years and current year (up to February, 2013) are as below:- Year Quantity of urea (Lakh MT) Value (Million US $) From Oman Through STE Total ...