Don’t miss the latest developments in business and finance.

RCF gains after Q4 results

Image
Capital Market
Last Updated : May 14 2013 | 2:30 PM IST

The Q4 result was announced after market hours on Monday, 13 May 2013.

Meanwhile, the S&P BSE Sensex was up 47.09 points or 0.24% at 19,738.76.

On BSE, 1.30 lakh shares were traded in the counter as against average daily volume of 1.59 lakh shares in the past one quarter.

The stock hit a high of Rs 42 and a low of Rs 40.65 so far during the day. The stock had hit a 52-week high of Rs 66.95 on 6 July 2012. The stock hit a 52-week low of Rs 35.25 on 28 March 2013.

The stock underperformed the market over the past one month till 13 May 2013, rising 6.66% compared with the Sensex's 7.94% rally. The scrip had also underperformed the market in past one quarter, declining 22.08% as against Sensex's 0.43% rise.

The small-cap company has equity capital of Rs 551.69 crore. Face value per share is Rs 10.

More From This Section

Rashtriya Chemicals & Fertilizers' (RCF) net profit rose 12.7% to Rs 280.90 crore on 7.4% growth in net sales to Rs 6875.61 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012).

On consolidated basis, RCF's net profit rose 9.6% to Rs 272.67 crore on 7.4% growth in net sales to Rs 6875.75 crore in FY 2013 over FY 2012.

RCF's board of directors at a meeting held on Monday, 13 May 2013, recommended final dividend of Rs 1.50 per share for FY 2013.

State-run RCF is one of the leading producers of urea in India. The Government of India (GoI) holds 80% stake in RCF (as per the shareholding pattern as on 31 March 2013).

Powered by Capital Market - Live News

Also Read

First Published: May 14 2013 | 1:07 PM IST

Next Story