Shares of (RCF) surged 9 per cent in early trade on Friday after the state-run fertiliser maker reported a sharp rise in fourth-quarter earnings driven by strong revenue growth.
At 10.29 am, the stock was trading at ₹132.35 on the NSE after hitting an intraday high of ₹136.49, compared with the previous close of ₹125.37.
The company reported a standalone profit after tax of ₹188.63 crore for the quarter ended March 2026, sharply higher from ₹72.65 crore in the corresponding quarter last year.
Revenue from operations rose to ₹5,580.57 crore during the quarter from ₹3,729.67 crore a year earlier, reflecting strong growth in sales.
In FY26, the company posted a profit of ₹429.81 crore compared with ₹241.63 crore in the previous financial year. The board of directors also recommended a final dividend of ₹1.34 per equity share for FY26.
The sharp rise in quarterly earnings and revenue, along with improved full-year profitability and dividend announcement, boosted investor sentiment towards the stock in early trade.