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On January 17, 2025, Rashtriya Chemicals & Fertilizers' share price witnessed a significant rise of 5.18%, which was higher than its sector by 2.45%. The stock touched a high of Rs 173.6 in early trading amid huge investor interest despite the volatile market. In the last two days, RCF's shares have risen by 6.65%. This positive uptrend has caught the attention of the market participants.
The stock of RCF opened at Rs 164, reaching Rs. 171.07 in early trading on Jan 17. Trading volume is over 5 million for Rashtriya Chemicals & Fertilizers, while average volumes stood at 3.12 million. The high volume reflects continued interest from the market and good investor sentiment.
The stock is green trending above its 5-day, 20-day, and 50-day moving averages, thus suggesting short-term bullish momentum. Still, RCF share price remains beneath its longer-term 100-day (Rs 179.64) and 200-day (Rs 189.05) moving averages. This may indicate levels of resistance ahead. The mixed trend shows the volatility during periods of economic uncertainty for RCF stock.
Despite the recent rally in the stock price, RCF has had a tough time over the last month. The stock has fallen 6.48% in the last 30 days, while the benchmark Sensex index has lost 5.27%. The fall may have been a reflection of the larger market conditions impacting the fertilizer sector. However, RCF has shown long-term growth with a CAGR of about 19.67% over the last three years. RCF shares have also reflected an impressive 275% growth over the last five years.
The market capitalization of RCF is at Rs 94.92 billion (or Rs 94,921 crore). The P/E ratio of the stock is approximately 48.17, and EPS is Rs 3.57. That is to say that the P/E ratio reflects how the stock could be considered expensive when compared with the earnings generated by the company. The price-to-book ratio for the company is noted at 1.98, further depicting how the market values the company about its book value.
In RCF's last quarterly results, the company declared a total income of Rs 4,332.16 crore for the quarter ending September 30, 2024. It also declared a net loss of around Rs 78.96 crore. However, the stock is still trading above the 52-week low of Rs 118.40, even though it has a long way to go before reaching the 52-week high of Rs 245.00.
Market analysts have a cautious view of RCF's stock. The current rating from many is ‘Sell,’ and it reflects the concern about profitability and market conditions in the fertilizer sector. Although the stock price has risen recently, analysts still recommend caution as the volatility in the sector may persist in the short term.
RCF's stock performance over time will hinge on a couple of factors, the domestic demands for chemicals in agriculture, as well as the general economy. Investors may keep a close eye on the stock’s movement in the upcoming months to make an informed decision.
