/ Rice Stocks Plunge In Pre-Lunch Hours, LT Foods Declines Nearly 6% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 23 May 2017

Major rice stock, LT Foods, Kohinoor Foods and KRNL were losing grounds on the bourses during Tuesday’s pre-lunch hours. They have been witnessing downward movement in the Wednesday’s trading session.

LT foods is trading at Rs 77.45 per share and is down by Rs 4.35 per share or 5.3%, Kohinoor Foods is trading at Rs 81.10 per share, down by Rs 4.10 per share or 4.8% and KRBL is trading at Rs 417.50 per share and is down by Rs 11.45 per share or 2.79% on the NSE.

The impact of GST on agricultural sector is foreseen to be positive. The agricultural sector is the largest contributing sector the overall Indian GDP. It covers around 16% of Indian GDP. The implementation of GST would have an impact on many sections of the society.

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