KRBL Ltd share Price Today

KRBL Ltd is a rice processing and exporting company. Headquartered in Noida, Uttar Pradesh, this food processing company was set up way back in 1889.

The company operates in the agricultural and energy sectors. Its agri-segment is focused on farm products—not just rice, it deals in cotton, seed, bran, and bran oil. The energy segment of KRBL Ltd generates electricity from wind turbine- and husk-based power plants.

KRBL Ltd is the country’s first integrated rice company with a comprehensive product chain and is the largest rice miller globally. The India Gate Basmati Rice is the largest-selling brand in its category in the country.

The company generated total revenues of Rs 4,253.02 crore for the year ending 31 March 2022. Its net sales were Rs 1,319.28 crore in September 2022 (an increase of 25.21% from Rs 1,053.69 crore as on September 2021). The firm’s quarterly net profit was logged at Rs 213.11 crore in September 2022, a rise of 56.06% from Rs 136.56 crore a year ago.

Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), its code on NSE is KRBL and 530813 on BSE. On 25 November 2022, the market cap of the firm was Rs 9,335 crore. 

The promoters had a 59.98% stake in KRBL Ltd in the quarter ending 30 September 2022. Next came the public (non-institutional) investors, who owned, in total, 29.86% of its share capital. Domestic institutional investors, with a 6.12% stake, were followed by foreign institutional investors (FIIs), who held 4.05%,

Anil Kumar Mittal is the chairman and managing director of KRBL Ltd. Anoop Kumar Gupta and Arun Kumar Gupta are the joint managing directors. Priyanka Mittal is a whole-time director. The independent non-executive directors are Vinod Ahuja, Ashwani Dua, Priyanka Sardana, Shyam Arora, and Devendra Kumar Agarwal.

KRBL Ltd’s stocks were last traded at Rs 396.60 on 25 November 2022. The 52-week high of the price of the company’s shares was Rs 417.90, while the 52-week low was recorded at Rs 184.50. 

Bikaji Foods, Gujarat Ambuja Exports, GRM Overseas, and Chaman Lal Seti are some of its rivals in this food processing sector.

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

KRBL share price as on 20 Apr 2024 is Rs. 289.9. Over the past 6 months, the KRBL share price has decreased by 22.88% and in the last one year, it has decreased by 15.52%. The 52-week low for KRBL share price was Rs. 275.55 and 52-week high was Rs. 470.9.