The stock gained 18 per cent to Rs 106.55 on BSE after Temptation Foods bought 3.79 per cent stake in the company.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Including this acquisition, the combined volume on the counter zoomed more than eighteen-fold to 9 million shares. 
</p><p class='TableClas'>The company is engaged in export of basmati rice, a wide assortment of food products, including ready-to-eat products, cook-in sauces and cooking pastes to spices, seasonings and frozen food. 
</p><p class='TableClas'>The company posted a 5 per cent drop in net profit to Rs 16.92 crore in the first nine months (April-December) of 2007-08 against Rs 17.83 crore net profit reported in the same period of the previous year. However, net sales of the company declined by 3 per cent to Rs 403.12 crore (Rs 414.19 crore) during the period. </P></p><p class='TableClas'></p></table>


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