nandagopan454

Rashtriya Chemicals Breaking from the consolidation

Long
NSE:RCF   RASHTRIYA CHEM & F
Rashtriya Chemicals & Fertilizers is a public sector undertaking (PSU) with a 75% stake owned by GOI. The company is engaged in the manufacturing and marketing of fertilizers and industrial chemicals
The company has reduced debt.
Stock is providing a good dividend yield of 3.15%.
The company is expected to give a good quarter
The company has been maintaining a healthy dividend payout of 50.47%
Debtor days have improved from 140.73 to 63.89 days.
The company has delivered a poor sales growth of 0.10% over the past five years.
The company has had a low return on equity of 8.20% for the last 3 years.
Contingent liabilities of Rs.1797.74 Cr.
The company might be capitalizing on the interest cost
Earnings include another income of Rs.289.37 Cr.
Technically it had created a Darvas box with volume, trade only on your DUE DILIGENCE
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