Feb 07, 2025 / 06:30AM GMTOperator Ladies and gentlemen, good day. And welcome to KRBL Limited Q3 FY25 earnings conference call. (Operator Instructions) I now h
Budget boosts agriculture, commodities sectors with focus on farmers' welfare, technological advancement, and sustainable growth, but lacks in some areas.
This shift reflects a healthier society, with rising income levels leading to an increase in the consumption of vegetables, fruits, and other nutritious foods.
Several other market participants say that rice prices in other key growing nations, who compete for market share with India, have started dropping, with India entering the market with little or no barrier.
India is the world’s leading exporter of Basmati rice, shipping 5.24 million metric tonnes worth ₹48,389 crore in 2023-24, as per the latest data from APEDA.
Vodafone and 26 other stocks are exiting the Nifty 500 index while Trent and Bharat Electronics joined the Nifty 50, from which LTI Mindtree and Divi's Laboratories exited. Effective from September 30, 2024, these changes will come into effected.
Leading gluten-free product providers, including Kraft Heinz Company, Pinnacle Foods Inc., and The Hain Celestial Group Inc., drive innovation and meet...
Indias consideration to ease rice export limits surged KRBL shares by 13%, LT Foods to a 52-week high, and Kohinoor Foods by 11%. Plans include fixed duties on white rice, scrapping 20% parboiled rice tax. Indian exports hit 2.9 million tons this fiscal year; monsoon season planting is critical for West Africa and Middle East reliance.
Nifty continues its upward trajectory, displaying positive chart patterns with higher tops and bottoms. According to Nagaraj Shetti of HDFC Securities, the market's bullish momentum could propel it towards the 24,400 mark in the near term, with immediate support at 23,980 levels.
The Nifty experienced a decline of 183 points, closing near the 22,700 level, and formed a "dark cloud cover" candlestick pattern, a bearish signal. The Indian market saw its worst session in nearly three weeks on Wednesday, dragged down by losses in heavyweight financials and IT stocks.
The 30-share BSE Sensex pack dived 530 points or 0.71 per cent to trade at 74,640, while the broader NSE Nifty index moved 168 points or 0.73 per cent down to 22,721 level.