Rashtirya Chemicals & Fertilizers Ltd issues Rs. 190 crores worth Commercial Paper to SBI

In terms of the guidelines issued by the Reserve Bank of India, Rashtirya Chemicals & Fertilizers Ltd has issued Commercial Paper for Rs.190 Crore on 10th March, 2017, in favour of State Bank of India, having maturity date as 8th June, 2017.

The Commercial Paper issued by the Company on 21st November, 2016 for Rs.100 Crore, on 30th December, 2016 for Rs.175 Crore and on 23rd January, 2017 for Rs.180 Crore has been redeemed on 17th February, 2017.

Shares of RASHTRIYA CHEMICALS & FERTILIZERS LTD. was last trading in BSE at Rs.54.25 as compared to the previous close of Rs. 53.4. The total number of shares traded during the day was 370734 in over 2162 trades.

The stock hit an intraday high of Rs. 55.5 and intraday low of 53.75. The net turnover during the day was Rs. 20246699.

Source : Equity Bulls

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