News for Kohinoor Foods Ltd. (KOHINOOR.BO)

Buzzing stocks: stocks in focus: PFC, Gensol Engineering, Dr Reddy’s Lab, Lupin, PNC Infratech, Ashoka Buildcon, Kohinoor Foods, Easymytrip, Indo Farm Equipment Somi Conveyor

Here is the complete list of 693 companies declaring their Q3 results on Feb. 14.

Share price of Kohinoor Foods Ltd. has been stuck in a 20% upper circuit in the last hour of trade after the company announced that its one-time settlement proposal has been approved by the lead consortium lender. The premium basmati rice manufacturer has faced turbulent times since its accounts were declared non-performing assets in June 2018. The settlement marks a crucial milestone for Kohinoor Foods.

With the earnings season nearing its end, several companies are about to announce their financial results for the quarter ended Sept. 30, 2024. On Thursday, as many as 1,207 companies will declare their second quarter results.

Around 650+ firms including Hindalco Industries, Samvardhana Motherson International, GMR Airports Infrastructure, Hero Motocorp, Apollo Hospitals Enterprises, Muthoot Finance, IRCTC – Indian Railway Catering & Tourism Corp, FSN E-Commerce Ventures Nykaa, SJVN, Max Financial Services, Gujarat Fluorochemicals Limited, Endurance Technologies, Ipca Laboratories will declare their Q1 results today. Find here the full list of companies announcing their earnings on Tuesday.

Q1 Results Today: Leading the charge is IRCTC, which will offer a glimpse into the travel and tourism sector’s perceived rebound. Hindalco Industries’ performance will be closely watched for insights. Nykaa’s results will provide a snapshot of the e-commerce and beauty industries.

Stay updated with the latest Q4 results as Tata Steel, Cummins India, Lemon Tree Hotels, and 560+ companies reveal their earnings today.

The move has been taken to prevent the possible ‘illegal’ exports of white non-Basmati rice in the garb of premium quality Basmati rice.

Shares of most rice stocks declined on Monday after the Union government decided not to allow exports of basmati rice below $1,200 per tonne. Shares of Chaman Lal Setia Exports Ltd. plunged 5.73% compared to a 0.07% gain in the benchmark NSE Nifty 50 as of 10:06 a.m. KRBL Ltd. declined over 2% and Kohinoor Foods Ltd. was down by 1.51%. Shares of LT Foods Ltd. advanced over 1% after it clarified that the basmati export limit did not impact exports for the company, which mostly exports premium and aged rice via Daawat and Royal brands.

/PRNewswire/ -- The India ready-to-cook market is estimated to grow at a CAGR of 7.12% between 2022 and 2027. The size of the market is forecast to increase by...