BUZZ-Amira Nature Foods Ltd: Wins $92 mln contract

Thu Dec 31, 2015 10:14am EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

** Specialty rice packager's shares up 10 pct at $9.69

** Company wins $92 mln contract to supply branded basmati rice to "key repeat customer" in Europe, Middle East, and Africa region (

** Amira reported Q4 revenue of $226.8 mln in July

** Up to Wednesday's close, stock had risen 71 pct since Nov. 10, when company said an independent investigation concluded that allegations made by short-seller Prescience Point regarding its finances were unsubstantiated and unfounded (