RCF Share Price Target for 2024 to 2030: Market Overview and Current Trends

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Rashtriya Chemicals and Fertilizers Ltd (RCF) is not just a front-runner in the Indian fertilizer sector; it has also established itself as a significant contributor to the country’s agricultural landscape. Founded in 1978, this public sector enterprise has consistently focused on delivering high-quality fertilizers like urea and complex fertilizers. These products are essential for enhancing crop yields and supporting farmers in various regions of India. As of October 9, 2024, RCF’s share price on the National Stock Exchange (NSE) stands at 171.00 INR. This article aims to delve deeper into RCF’s share price targets from 2024 to 2030, alongside its market positioning, financial performance, and future outlook.

Market Overview of Rashtriya Chemicals and Fertilizers Ltd

Market Key Metrics Value
Open Price 170.10 INR
High Price 173.80 INR
Low Price 170.10 INR
Previous Close 169.31 INR
Volume 1,259,797
Market Capitalization 9.43K Cr
P/E Ratio 56.25
Dividend Yield 0.73%
52-Week High 245.00 INR
52-Week Low 117.60 INR

Competitors of Rashtriya Chemicals and Fertilizers Ltd

In the competitive landscape of India’s fertilizer sector, RCF faces considerable competition from other notable companies. Below are five key competitors along with their approximate market capitalizations:

Competitors Market Capitalization
National Fertilizers Ltd (NFL) ₹ 4,500 Crores
Gujarat State Fertilizers & Chemicals Ltd (GSFC) ₹ 6,800 Crores
Chambal Fertilizers and Chemicals Ltd ₹ 15,000 Crores
Coromandel International Ltd ₹ 48,000 Crores
Deepak Fertilisers and Petrochemicals Corp Ltd ₹ 9,200 Crores

RCF Share Price Chart

RCF Share Price Chart

Projected RCF Share Price Targets (2024 – 2030)

Year Share Price Target (INR)
2024 ₹ 210
2025 ₹ 299
2026 ₹ 389
2027 ₹ 485
2028 ₹ 595
2029 ₹ 686
2030 ₹ 784

Factors Influencing RCF Share Price Target for 2024

The expected share price target for RCF in 2024 is ₹ 210. Several factors could influence this target:

  1. Government Policies on Agriculture: Favorable government regulations that support fertilizer usage and agriculture could enhance demand for RCF’s products.
  2. Raw Material Costs: The fluctuations in the prices of raw materials, particularly natural gas, directly affect production costs and therefore profit margins.
  3. Domestic and Global Fertilizer Demand: An upsurge in both domestic need and potential exports could significantly boost RCF’s revenue and stock performance.

Factors Influencing RCF Share Price Target for 2025

The anticipated share price target for 2025 is ₹ 299. Key drivers include:

  1. Expansion and Modernization Projects: Successful execution of these projects will allow RCF to meet increasing market demand efficiently.
  2. Sustainability Initiatives: Investment in