IdeasNeosagi

Rashtriya Chemicals & Fertilizers Ltd.

Long
NSE:RCF   RASHTRIYA CHEM & F
*Rashtriya Chemicals & Fertilizers Ltd.*
Rouding Bottom Pattern: Monthly Basis (Price/Vol. BreakOut)
Cup & Handle Pattern: Weekly Basis (Price/Vol. BreakOut)
*Multi-Year Price Trendline BreakOut Possible. Good Upside THEN.*

*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*

*Fundamentally Strong Company*
PSU (75% stake: GOI). Engaged in Manufacturing/Marketing of Fertilizers/Industrial chemicals.

Improving Qtrly/Yrly Sales & Profitability.
Improving Leverage. Improving RoA/RoE/ROCE since FY18
Sharp Upside in Ops. Cash Flow. Better WC Cycle.
FII stake increasing since Mar'21

*Concern:*
Regulatory risks, Agroclimatic risks, Commodity price cycles, exchange fluctuations & potential reduction of import duty.

*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)

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