CLSEL

** Indian wheat and rice stocks fall between 1% to ~5%

** Country braces for one of the warmest March months on record, which could cut yields of maturing wheat crop, Reuters reports

** 2025 could be the fourth consecutive year of poor crop yields, report adds

** High temperature can also affect quality of rice yield

** Rice exporters Chaman Lal Setia CLSE.NS and GRM Overseas GRMO.NS shed 3.64% and 1.67%, respectively

** Adani Wilmar ADAW.NS, which sells wheat flour to consumers, slips 4.8%

(Reporting by Ananta Agarwal in Bengaluru)

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** Shares of Chaman Lal Setia Exports CLSE.NS fall 9% to 289.50 rupees, set to decline for third straight session

** Rice exporter's Q3 profit fell 25% y/y to 290.1 mln rupees ($3.3 mln)

** Revenue from operations fell 1.2%, while expenses rose 2%

** Trading vols at 167,059 shares, 2.1x the 30-day average

** CLSE rose 73.3% in 2024

($1 = 86.7400 Indian rupees)

(Reporting by Vijay Malkar)

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** Shares of Chaman Lal Setia Exports CLSE.NS rise as much as 15.2% to record high of 357 rupees

** Co's Q2 profit rose 1.8% Y/Y, revenue jumped 19.7% Y/Y

** Trading vols at 606,520, 1.4X 30-day average

** Stock last up 13.9%, taking YTD gain to ~43%

(Reporting by Vijay Malkar)

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** Shares of India's rice stocks uptick after New Delhi removes floor price for non-basmati white rice exports

** Removal of floor price will make Indian supplies competitive, as restrictions, to sell relatively cheaper grades of the staple in world markets, no longer exists

** "Kohinoor" brand owner Kohinoor Foods KOFO.NS jumps 5%

** GRM Overseas GRMO.NS and Chaman Lal Setia Exports CLSE.NS rise 3.8% and ~2% respectively

** KRBL KRBL.NS, which houses "India Gate" brand, climbs 2.4% respectively

** "Daawat" parent LT Foods LTOL.NS up 1%

(Reporting by Hritam Mukherjee in Bengaluru)

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** Indian rice exporters gain between 1.4% and 4% after govt. lifts most curbs on exports of non-basmati white rice

** Kohinoor Foods KOFO.NS and Chaman Lal Setia Exports CLSE.NS, up 4% each, lead gains

** KRBL KRBL.NS and LT Foods LTOL.NS rise 1.5% and 1.9%, respectively, while GRM Overseas GRMO.NS adds 3%

** Export curbs lifted due to above-average monsoon rains seen boosting crop yields and overflowing stocks in state granaries

** YTD, LTOL top gainer among pack with ~99% rise, while KRBL, weakest stock, is down ~19%

(Reporting by Nandan Mandayam in Bengaluru)

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** Shares of India's Chaman Lal Setia Exports CLSE.NS rise 3.6% to 231 rupees after jumping ~8% earlier

** Co approved share buyback worth upto 602.4 mln rupees ($7.2 mln)

** Separately, co's profit fell as a jump in costs outweighed revenue rise

** Trading vols 2.2x 30-day avg

** YTD stock has fallen over 6%

($1 = 83.9364 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

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Feb 8 (Reuters) - Chaman Lal Setia Exports Ltd CLSE.NS:

• DEC-QUARTER PROFIT 386.9 MILLION RUPEES VERSUS 374.6 MILLION RUPEES

• DEC-QUARTER REVENUE FROM OPERATIONS 4 BILLION RUPEES VERSUS 3.54 BILLION RUPEES

Further company coverage: CLSE.NS

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** Shares of rice manufacturers and exporters like KRBL KRBL.NS, LT Foods LTOL.NS and Chaman Lal Setia CLSE.NS shed between 1% and 4.5%

** Fall after government directs rice industry associations to ensure that the prices in domestic market are brought down to optimal levels, with immediate effect

** "Domestic prices of rice are rising despite a good crop this Kharif, ample stocks with Food Corporation of India and various regulations in place on rice exports," says government

** A cut in domestic rice prices will likely weigh on the revenue of rice manufacturers, according to two analysts

(Reporting by Bharath Rajeswaran in Bengaluru)

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** Shares of rice exporters Kohinoor Foods KOFO.NS, KRBL KRBL.NS, LT Foods LTOL.NS and Chaman Lal Setia CLSE.NS up between 2% and 3.3%

** Reuters reports India signed contracts to export about 500,000 metric tons of new season basmati rice after robust demand from top buyers in Europe and Middle East

** KOFO and KRBL down 29.4% and 10.7% YTD, respectively, while LTOL and CLSE have risen 73% and 65%

(Reporting by Rama Venkat in Bengaluru)

(([email protected]; https://twitter.com/ramavenkat0607;))

** Shares of Indian rice companies like LT Foods LTOL.NS, KRBL KRBL.NS, Kohinoor Foods KOFO.NS, GRM Overseas GRMO.NS and Chaman Lal Setia Exports CLSE.NS up between 2.6% and 5.6%

** Rise after India cut floor price for basmati rice exports to $950 per metric ton from $1,200, according to a Reuters report citing a government source

** The reduction will reinstate competitiveness of Indian basmati rice shipments at the global markets - Atul Garg, GRMO MD, per the report

** KOFO, LTOL, CLSE, KRBL, GRMO have all risen since the floor price cut likelihood was reported earlier this week

(Reporting by Varun Vyas in Bengaluru)

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** Shares of rice exporters such as Kohinoor Foods KOFO.NS, KRBL KRBL.NS, LT Foods LTOL.NS and Chaman Lal Setia CLSE.NS climb between 3% and 7%

** India is expected to cut the floor price or minimum export price (MEP) for basmati rice exports to $950 per metric ton from $1,200 a metric ton set in August, Reuters reports

** A cut in floor price could boost trade in basmati rice that was hit after India imposed the $1,200 a metric ton MEP

** If gains hold, KOFO, KRBL and CLSE will likely snap four straight sessions of losses

(Reporting by Rama Venkat in Bengaluru)

(([email protected]; https://twitter.com/ramavenkat0607;))

** Shares of rice exporters such as Kohinoor Foods KOFO.NS, KRBL KRBL.NS, LT Foods LTOL.NS and Chaman Lal Setia CLSE.NS surge between 3% and 11%

** Reuters reports India to cut floor price - or minimum export price - for basmati rice exports to $850 a metric ton from $1,200 a metric ton

** Move to help millers and traders ship out the rice grade after they complained about a sharp drop in overseas sales

** Last month, India fixed floor price for basmati rice shipments at $1,200 a metric ton to help New Delhi ensure non-basmati rice was not exported as basmati rice

** CLSE soars as much as 10.6% to hit a record high; KOFO up 3.3%, LTOL up 6.1%, both scaling two-week highs

(Reporting by Rama Venkat in Bengaluru)

(([email protected]; https://twitter.com/ramavenkat0607;))

Aug 28 (Reuters) - Chaman Lal Setia Exports Ltd CLSE.NS:

• THERE IS NO OBSTACLES TO CO'S EXPORTS

• EXPORTS FOR CO MOSTLY OVER MINIMUM EXPORT PRICE LIMIT $1200 PER TON

Source text for Eikon: ID:nBSEVt6QM

Further company coverage: CLSE.NS

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Aug 9 (Reuters) - Chaman Lal Setia Exports Ltd CLSE.NS:

• JUNE-QUARTER PROFIT 274.7 MILLION RUPEES VERSUS PROFIT 222.7 MILLION RUPEES

• JUNE-QUARTER REVENUE FROM OPERATIONS 2.63 BILLION RUPEES VERSUS 4.10 BILLION RUPEES

Source text for Eikon: ID:nNSE9whLX3

Further company coverage: CLSE.NS

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** Shares of rice processing company Chaman Lal Setia Exports CLSE.NS fall as much as 3.2% to 175.55 rupees, marking sharpest intraday pct loss since July 10

** Indian govt on Thursday imposed a ban on export of non-basmati white rice after retail prices rose 3% in a month as heavy monsoon damaged crops

** Global rice prices expected to climb after the export ban as India accounts for 40% of rice exports

** More than 125,000 shares change hands by 11:12 a.m. IST, 0.8x the 30-day avg

** Stock up 38.5% so far this year, as of last close

(Reporting by Anisha Ajith in Bengaluru)

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May 26 (Reuters) - Chaman Lal Setia Exports Ltd CLSE.NS:

• FINAL DIVIDEND 1 RUPEE PER SHARE

• INDIA'S CHAMAN LAL SETIA EXPORTS MARCH-QUARTER PROFIT 377.4 MILLION RUPEES VERSUS 224.8 MILLION RUPEES

• CHAMAN LAL SETIA EXPORTS MARCH-QUARTER REVENUE FROM OPERATIONS 3.57 BILLION RUPEES VERSUS 3.10 BILLION RUPEES

Source text for Eikon: ID:nBSE3RJj7x

Further company coverage: CLSE.NS

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