Exclusive: Government mulls giving management control in state-run fertilizer companies; NFL, RCF shares shoot up
Offer For Sale (OFS) of government owned Rashtriya Chemicals and Fertilizers (RCF) Limited and National Fertilizers Limited (NFL) is likely to come where the government intends to sell 10 per cent stake in the former while 20 per cent in the latter
RCF shares were trading around Rs 126 on the NSE, up nearly 6 per cent. NFL shares were up nearly 5 per cent and were trading at Rs 59.50 at the time of breaking of the news. Source: Freepik