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Rashtriya Chemicals jumps after board approves Rs 1,500-crore FPO
Rashtriya Chemicals and Fertilizers (RCF) rose 3.54% to Rs 135.53 after its board approved raising up to Rs 1,500 crore through a further public offering (FPO).
RCF shares jump 3% after board approves Rs 1,500 crore FPO
RCF shares witnessed an uptick on Wednesday after the state-owned fertiliser maker's board approved raising up to Rs 1,500 crore through a further public offering (FPO). The proposal, aimed at issuing fresh equity shares, is subject to approvals from shareholders, the Department of Fertilizers, the Government of India and DIPAM.

RCF FPO: PSU stock Rashtriya Chemicals and Fertilizers declares ₹1500 crore fundraise. Details here - livemint.com
RCF FPO: PSU stock Rashtriya Chemicals and Fertilizers declares ₹1500 crore fundraise. Details herelivemint.com

Rashtriya Chemicals and Fertilizers shares jump as board approves ₹1,500 crore FPO
The government-owned fertiliser company plans to raise up to ₹1,500 crore by selling more shares to investors and wants to expand into businesses such as renewable energy, water treatment and agrochemicals.

Gujarat Faces Worst June Rain Deficit In India, Records 82% Shortfall Amid Delayed Monsoon
Gujarat recorded India’s highest June rainfall deficit at 82%, receiving only 20.5 mm rain. The delayed monsoon affected agriculture and intensified heat, but IMD forecast improved rainfall with heavy showers expected in parts of the state.
Asian Energy rises after bagging Rs 187.62 crore GSECL EPC contract
Asian Energy Services jumped 3.16% to Rs 374 after the company said that it has secured an engineering, procurement and construction (EPC) contract worth Rs 187.62 crore from Gujarat State Electricity Corporation (GSECL).
Asian Energy Services wins EPC project of Rs 187.62 cr from Gujarat State Electricity Corporation
Asian Energy Services has secured a Rs 187.62 crore EPC contract (including GST) from Gujarat State Electricity Corporation (GSECL) for enhancement of a coal handling plant in Ukai Gujarat.
Maruti Suzuki to set up advanced manufacturing labs at 5 ITIs in Gujarat
Maruti Suzuki India is establishing advanced manufacturing labs at five Industrial Training Institutes in Gujarat, partnering with the state's Directorate of Employment and Training. This initiative aims to equip students with modern equipment skills, bridging the gap between academic learning and industry needs. The move supports the company's manufacturing expansion plans in Gujarat, ensuring a skilled workforce for the evolving automotive sector.
Rashi Peripherals Ltd leads gainers in 'B' group
XPRO India Ltd, Concord Enviro Systems Ltd, Bharat Gears Ltd and Fertilizers & Chemicals Travancore Ltd are among the other gainers in the BSE's 'B' group today, 16 June 2026.

India's Russian Oil Imports Rise In May As Refiners Boost Purchases
Some of India's largest refining hubs recorded notable increases in Russian crude arrivals. Unloaded volumes at the Vadinar refinery in Gujarat rose 36 per cent from April levels, while deliveries to the Jamnagar refining complex in the state increased 14 per cent.
Juniper Green Energy commissions 305 MWp of renewable capacity in Gujarat
Juniper Green Energy has expanded its presence in Gujarat by commissioning 305 MWp of renewable energy capacity for Gujarat Urja Vikas Nigam Ltd. The projects, located across Surendranagar, Aravalli, and Devbhumi Dwarka districts, include solar and wind power. This achievement highlights Juniper Green Energy's project execution skills and dedication to providing sustainable energy solutions for the state.
Gujarat State Investment reports standalone net profit of Rs 8.88 crore in the March 2026 quarter
Sales rise 417.05% to Rs 11.22 crore