Indian rice exporter KRBL slips on Q1 profit fall
01/08/2024 06:00
** Shares of rice exporter KRBL KRBL.NS down 6% at 299
rupees, biggest intra-day pct loss since Nov. 9
** Co on Wednesday reported fourth straight qtrly profit
fall on Wednesday, hurt by lower demand for its basmati rice
** YTD, KRBL down ~15%, while rival LT Foods LTOL.NS is up
44%, Adani Wilmar ADAW.NS down 1.9%
(Reporting by Sethuraman NR in Bengaluru)
((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))
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