China allows imports on Indian basmati rice; stks up

The rice company has seen some buying interest today on the back of the some positive news that China has allowed imports on Indian basmati rice, reports CNBC-TV18.

Kohinoor Foods touched an intraday high of Rs 37.90 and an intraday low of Rs 34.15. At 09:26 hrs the share was quoting at Rs 35.90, up Rs 2.95, or 8.95%. It was trading with volumes of 25,342 shares.

KRBL touched an intraday high of Rs 21.90 and an intraday low of Rs 20.65. At 09:26 hrs the share was quoting at Rs 21.25, up Rs 1.55, or 7.87%. It was trading with volumes of 134,622 shares.