Indian rice exporters rise after govt lifts export curbs on non-basmati rice

KRBL

30/11/2022 04:42

** Shares of multiple Indian rice exporters rise between
2.3%-6.3%
    ** Organic non-basmati rice has been exempted from export
curbs, said the Directorate General of Foreign Trade in a
notification on Tuesday
    ** Shares of Chaman Lal Setia Exports Ltd  CLSE.NS  rose as
much as 6.3% to a seven-month high of 132 rupees; LT Foods Ltd
 LTOL.NS  rose as much as 5.9% to 117.95 rupees, its biggest
intraday pct gain since Oct. 11
    ** KRBL Ltd  KRBL.NS  rose much as 4.2% to 411.95 rupees,
its biggest intraday pct rise since Nov. 14
    ** Shares of GRM Overseas Ltd  GRMO.NS  rose as much as 2.3%
to 356 rupees, while Kohinoor Foods Ltd  KOFO.NS  rose as much
as 4% to 55.1 rupees
 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))