RCF to touch the Circuit Filter
At 11:29 am, RCF is quoting at Rs 48.05, up Rs 3.40, or 7.61%. It has reached an intraday high of Rs 48.50 and an intraday low of Rs 46. The volumes are high on this counter. The company is expected to show good performance in the coming quarter. At the current P/E, the company valuations are looking attractive.
It is dealing with volumes of 562,254 shares. On Friday, the share closed down at Rs 44.65, 4.29% or Rs 2.
RCF is the only manufacture of DMF in India. It manufactures and distributes fertilizers and chemicals. The group operates through two segments: Fertilizers and Industrial Products.
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