Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Iran-Israel-US War: KRBL, LT Foods fall up to 8% as rice export worries hit
KRBL derives around 61% of its basmati export revenue from the Middle East and the GCC region. LT Foods, the maker of Daawat rice, reported that 9% of its FY25 revenue came from exports to the Middle East.
Stephens raises Hormel Foods stock price target to $27 on earnings - Investing.com India
Stephens raises Hormel Foods stock price target to $27 on earningsInvesting.com India
East India Company Shuts Down Again After 170 Years; Modern Luxury Brand Goes Bankrupt
East India Company was reintroduced as a high-end brand selling teas and fine foods in London's Mayfair area.
Processed food 'false narrative' by influencers harming sector, need to counter it: Chirag Paswan
Union Minister Chirag Paswan has raised alarm over social media influencers allegedly circulating misleading claims about processed foods. Calling the trend harmful to the food processing industry’s development, he appealed to stakeholders, experts, and platforms to work together to challenge misinformation and promote fact-based communication that safeguards both industry growth and consumer confidence.
LT Foods shares in focus as US slashes duty on soybean, eases liability by Rs 163 crore
Shares of LT Foods Ltd are in focus after the U.S. Department of Commerce sharply cut countervailing duty on its subsidiary’s organic soybean meal exports. The move significantly reduces potential liability and follows a review period covering 2023 exports, supporting sentiment amid steady quarterly performance.
US slashes duty on LT Foods arm's organic soybean exports; liability drops ₹163 cr
The US Department of Commerce has cut the countervailing duty on LT Foods’ subsidiary Ecopure Specialities’ organic soybean meal exports from 340.27% to 75.48%, reducing the company’s potential liability by ₹163 crore for 2023. Shares of LT Foods Ltd ended at ₹409, down by ₹0.25, or 0.061%, on the BSE.
Heritage Foods follows stringent quality norms, empowers farmers: Nara Bhuvaneswari
Nara Bhuvaneswari's remarks come at a time when the firm promoted by the family members of Chief Minister N Chandrababu Naidu has come under attack from the opposition YSR Congress, which has allegedly linked it to Indapur Daily, which supplied ghee to Tirumala Tirupati Devasthanams.
Buy Mrs Bector Foods; target of Rs 270: Motilal Oswal
Motilal Oswal is bullish on Mrs Bector Foods has recommended buy rating on the stock with a target price of Rs 270 in its research report dated February 14, 2026.
Trade Spotlight: How should you trade Federal Bank, KPIT Technologies, Parag Milk Foods, Route Mobile, PTC Industries, and others on June 3?
The market is expected to consolidate further while taking support at Tuesday's low. Below are some short-term trading ideas to consider.
Stocks to Watch Today: HCL Tech, General Insurance Corp, Dhanlaxmi Bank, Craftsman Automation, Devyani International, Sapphire Foods in focus on 16 June
Stocks to Watch, 16 Jun: Stocks like HCL Technologies, State Bank of India. Mahindra and Mahindra Financial Services, General Insurance Corporation of India, Craftsman Automation, Yes Bank, Dhanlaxmi Bank, and Indian Railway Catering and Tourism Corporation will also be in focus on June 16.
Devyani Intl, Sapphire Foods shares rise up to 9% on approval from NSE, BSE for merger
BSE and NSE clarified that their observations should not be construed as approval of the merger and do not amount to certification of the financial soundness of the scheme or the accuracy of statements made by the companies.
Hold Heritage Foods; target of Rs 385: ICICI Securities
ICICI Securities recommended hold rating on Heritage Foods with a target price of Rs 385 in its research report dated May 12, 2026.