Krbl Basmati Rice
LT Foods, KRBL surge up to 10% after government removes MEP on basmati rice
Shares of LT Foods hit a record high of Rs 446.30, as they rallied 10% and KRBL soared 7% to Rs 324.30, after the government lifted the minimum export price on basmati rice.
 "LT Foods, KRBL surge up to 10% after government removes MEP on basmati rice")
KRBL stock tanks 7% on weak June quarter show; profit more than halves
The fall in the stock price came after the company reported a weak set of June quarter results.
 "KRBL stock tanks 7% on weak June quarter show; profit more than halves")
KRBL Q1 results: Net profit falls 55.5% to Rs 8,656 lakh on weak demand
World's biggest rice exporter imposed various curbs on exports in July last year and continued them in 2024 in an effort to keep local prices in check ahead of the general elections held in April-May
 "KRBL Q1 results: Net profit falls 55.5% to Rs 8,656 lakh on weak demand")
India's basmati rice exports might remain flat in FY25, says KRBL CFO
KRBL mainly sells packaged basmati rice domestically and in the export market, with 'India Gate' being its flagship brand
 "India's basmati rice exports might remain flat in FY25, says KRBL CFO")
KRBL Q3 results: Profit declines nearly 35% on weak export demand
Consolidated net profit was 1.34 billion rupees ($16.1 million) for the quarter ended Dec. 31, compared with 2.05 billion rupees a year earlier
 "KRBL Q3 results: Profit declines nearly 35% on weak export demand")
Indian rice exporter KRBL posts 28% profit drop in Q2 on weak demand
Consolidated net profit at the 'India Gate' basmati rice maker fell to 1.53 billion rupees ($18.37 million) for the quarter, from 2.13 billion rupees a year ago.
 "Indian rice exporter KRBL posts 28% profit drop in Q2 on weak demand")
Rice miller stocks in focus; KRBL, LT Foods soar 6% on positive biz outlook
The impact of El Nino on Basmati production is minimal due to the irrigation methods employed, utilizing both canal and groundwater sources
 "Rice miller stocks in focus; KRBL, LT Foods soar 6% on positive biz outlook")
KRBL to expand non-basmati rice and bran oil portfolios: Jt MD Anoop Gupta
Basmati rice prices up 10-15% this year; may rise further as crop is 7-8% down
 "KRBL to expand non-basmati rice and bran oil portfolios: Jt MD Anoop Gupta")
KRBL, JSW Steel: Here's why Anand Rathi is bullish on these stocks
According to Mehul Kothari of Anand Rathi, traders can buy KRBL near the 260-mark with a stop loss of 250 for upside target of 275 in 1 - 2 weeks.
 "KRBL, JSW Steel: Here's why Anand Rathi is bullish on these stocks")
KRBL extends rally on stake hike by promoters, stock surges 16%
Thus far in December the promoters of KRBL have purchased 4,48,500 equity shares or 0.43 per cent stake in the company
Basmati rice stocks rally; KRBL up 8% on fund buying
Kohinoor Foods, KRBL and LT Foods were up 8% to 15% on BSE in intra-day trade.
 "Basmati rice stocks rally; KRBL up 8% on fund buying")
