Stock Report

RCF to study possibility on reviving FCI and IIFC fertilizer units



Posted On : 2007-04-19 04:11:51( TIMEZONE : IST )

RCF to study possibility on reviving FCI and IIFC fertilizer units

Rashtriya Chemicals & Fertilizers Ltd (RCF) has announced that the Company is undertaking exploratory study of the possibility of reviving the sick Fertilizer units of FCI and IIFC. The studies are only preliminary assessments and detailed studies, due diligence would he undertaken as and when Government of India requests the Company.

The stock closed the day at Rs.37, down by Rs.1.10 or 2.89%. The stock hit an intraday high of Rs.38.50 and low of Rs.36.80. The total traded quantity was 105035 compared to 2 week average of 84679.

Source : Equity Bulls

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