Rice stocks jump up to 7% as government lifts ban on non-basmati white rice

Rice stocks jump up to 7% as government lifts ban on non-basmati white rice

Shares of rice companies like KRBL, and Kohinoor Foods among others surged up to 7.4% in today’s early trading session as the Centre lifted the ban on the export of non-basmati white rice on Friday with immediate effect. Shares of Kohinoor Foods jumped 7.4% to its day’s high of Rs 47.45 while the shares of … Read more

Rice stocks rally up to 15% after Government removes minimum export price

Rice stocks rally up to 15% after Government removes minimum export price

Shares of rice stocks like KRBL, LT Foods, Kohinoor Foods, and others rallied up to 15% on BSE today after the government removed the minimum export price (MEP) of $950 per tonne for basmati rice on Friday. Kohinoor Foods shares skyrocketed by 15% to a day’s high of Rs 44.85, while KRBL surged 6.6% to … Read more