New Delhi, July 28 -- The timely revival in this year's monsoon showers not only promises plentiful paddies but has also sparked a frenzy among investors eyeing robust returns from rice and agrochemical players.

With a notable boost from rising rice acreage, companies like LT Foods Ltd (owner of the Daawatbasmati ricebrand), Mishtann Foods Ltd, and KRBL Ltd have emerged as top gainers, outperforming broader market indices.

As of 18 July, India's rice sowing hit 17.7 million hectares, a 12.4% jump froma year ago, reaching a three-year high, according to data from the Centre for Monitoring Indian Economy.

Overall kharif or monsoon crop acreage reached 70.8 million hectares, covering nearly two-thirds of the typical season's area and indi...