KRBL – Post-Results Rally Continues 🚀
KRBL surged 8.06% to ₹487.15 today, extending gains after robust Q1 earnings and healthy export orders. The rally comes with strong volume support, showing sustained institutional interest.
Key Drivers:
Q1 profit up 42% YoY, led by strong basmati rice export demand.
Management upbeat on FY25 revenue growth with stable margins.
Export order book remains healthy, especially from Middle East markets.
Technical View:
Breakout above ₹450 remains intact. Next hurdle seen at ₹500–₹515, with immediate support at ₹450. Momentum indicators suggest further upside if volumes hold.
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