Lakshmi Overseas spiked on export order worth 300 crore

Lakshmi Overseas Industries has informed the market today that they have received an export order for the said 1121 basmati rice which is worth Rs 300 crore , The PUSA–1121 rise has been now classified as “Basmati” by the Govt. of India. They are now eligible for export and we also hear that there is more orders that is in the pipeline , think other basmati company should be watching out for this rice brand and company .The stock closed at 91.25 after going up by 6.73 percent.