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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
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:
- Government Policies on Agriculture: Favorable government regulations that support fertilizer usage and agriculture could enhance demand for RCF’s products.
- Raw Material Costs: The fluctuations in the prices of raw materials, particularly natural gas, directly affect production costs and therefore profit margins.
- 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:
- Expansion and Modernization Projects: Successful execution of these projects will allow RCF to meet increasing market demand efficiently.
- Sustainability Initiatives: Investment in