KOHINOOR

** 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 Indian rice companies surge on report of government removing floor price for basmati rice exports

** This will help boost overseas sales of the premium grade and aid farmers struggling with debt and higher costs

** India is the world's largest rice exporter

** 'India Gate' basmati rice brand owner KRBL KRBL.NS gains 4.7%, 'Daawat' brand owner LT Foods LTOL.NS jumps 5.7%

** GRM Overseas GRMO.NS and Kohinoor Foods KOFO.NS up 2.7% and 9.8%, respectively

** KOFO set to snap three straight sessions of losses, down ~8% YTD, while KRBL down ~15%

** YTD GRMO, LTOL up 39% and ~112%, respectively

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Indian rice companies rise on report government considering relaxing restrictions

** Indian government might relax restrictions on exports of some rice varieties, local media reported citing sources

** Govt may cut export duty on parboiled rice, mulls minimum export price for basmati shipments, report adds

** 'Daawat' basmati rice brand owner LT Foods LTOL.NS jumps 13%; 'India Gate' brand owner KRBL KRBL.NS rises 8.8%

** GRM Overseas GRMO.NS and Kohinoor Foods KOFO.NS up 6.4% and 7.3%

** YTD GRMO and LTOL climbed 17% and 43%, KRBL and KOFO shed 11.2% and 2% respectively

(Reporting by Hritam Mukherjee in Bengaluru)

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** Shares of rice and tea exporters fall amid escalations in Middle East tensions after Iran's retaliatory attack on Israel over the weekend

** India is one of the top exporters of basmati rice and tea, and Iran is a leading buyer of those commodities

** Shares of rice exporters Kohinoor Foods KOFO.NS, Adani Wilmar ADAW.NS, LT Foods LTOL.NS, GRM overseas GRMO.NS, Mishtann Foods MIST.BO down between 2%-8%

** Tea exporters such as Tata Consumer Products TACN.NS, CCL Products CCLP.NS, Rossell India ROSS.NS decline between 1%-5%

** TACN is among top percentage losers on benchmark Nifty 50 index .NSEI, which is down 1%

(Reporting by Rama Venkat 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)

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** 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)

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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 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)

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