India's LT Foods gains on quarterly profit rise
16/05/2025 09:02
** LT Foods LTOL.NS up 1.8% after two days of losses and holding above 50-DMA for 6th straight session ** Jumped 5.7% to session-high, briefly reclaiming 100 DMA (after 29 sessions) and 200-DMA (after 15 sessions) ** 'Daawat' basmati rice maker posts 8% rise in Q4 profit, revenue climbs 7.5% ** LTOL's speciality rice segment grew 10%, organic food and ingredients rose 29%, and ready-to-cook products climbed 21% ** Over 1.6 mln shares traded, double their 30-day daily avg (Reporting by Kashish Tandon in Bengaluru) ((Kashish.tandon@thomsonreuters.com))
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