Try GOLD - Free
Forget gold, rice is Dalal Street's new obsession
Mint Ahmedabad
|July 28, 2025
The timely revival in monsoon showers not only promises plentiful paddies but has also sparked a frenzy among investors eyeing robust returns from rice and agrochemical players.
Companies like LT Foods Ltd (owner of the Daawat basmati rice brand), Mishtann Foods Ltd, and KRBL Ltd have emerged as top gainers, outperforming broader market indices.
As of 18 July, India's rice sowing hit 17.7 million hectares, a 12.4% jump on-year, reaching a three-year high, according to data from the Centre for Monitoring Indian Economy.
This story is from the July 28, 2025 edition of Mint Ahmedabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Ahmedabad
Mint Ahmedabad
India to validate AI model for weather forecasting
If successful, model can improve warnings, disaster preparedness, agricultural planning
1 mins
March 11, 2026
Mint Ahmedabad
SpaceX weighs Nasdaq listing
Elon Musk's rocket and satellite maker SpaceX is leaning toward listing its shares on the Nasdaq for what could rank as the biggest initial public offering (IPO) of all time, according to four people familiar with the company's thinking.
1 min
March 11, 2026
Mint Ahmedabad
Hormuz and other chokepoints are forcing big shifts in strategy
The Cold War-style weaponization of supply bottlenecks is leaving nations with strategic options that India is familiar with
3 mins
March 11, 2026
Mint Ahmedabad
IDFC First settles ₹645-cr fraud case
IDFC First Bank said it has settled fraud claims at its Chandigarh branch of ₹645 crore and found no further discrepancies.
1 min
March 11, 2026
Mint Ahmedabad
Silver, gold edge up as dollar weakens
Silver prices surged by $10,975 to $2.79 lakh per kilogram in the national capital on Tuesday, while gold rose $400, tracking strong global trends as a weak US dollar boosted demand for the safe-haven asset.
1 min
March 11, 2026
Mint Ahmedabad
More farmers may seek MSP for wheat as record output looms
A looming record harvest and the war in West Asia are likely to spur more wheat farmers to seek higher support prices via government procurement as the staple fetches 15% lower than last year in the open market, according to farmers, government officials and experts.
1 mins
March 11, 2026
Mint Ahmedabad
Meta ups ad fees to cover digital taxes
The company emailed advertisers to inform them of new “location fees.” These will apply to digital ads delivered in particular countries, even if the advertiser isn’t based there.
1 min
March 11, 2026
Mint Ahmedabad
Waiting for true intelligence
After Alexa plateaued, Google Assistant stagnated and Siri stumbled, when will we get actual smart home assistants?
4 mins
March 11, 2026
Mint Ahmedabad
India relaxes curbs on FDI from China
Automatic nod for up to 10%; quick clearance in specific sectors
1 min
March 11, 2026
Mint Ahmedabad
Iran war revives demand for REITs after IT-driven sell-off
Real estate investment trusts have held up better than the broader market so far this year
2 mins
March 11, 2026
Listen
Translate
Change font size