NHC Foods is currently trading at Rs. 41.45, up by 0.10 points or 0.24% from its previous closing of Rs. 41.35 on the BSE.
The scrip opened at Rs. 42.00 and has touched a high and low of Rs. 42.50 and Rs. 40.65 respectively. So far 48975 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 53.90 on 02-Jul-2014 and a 52 week low of Rs. 26.00 on 25-Nov-2013.
Last one week high and low of the scrip stood at Rs. 44.70 and Rs. 36.40 respectively. The current market cap of the company is Rs. 31.40 crore.
The promoters holding in the company stood at 38.71% while Institutions and Non-Institutions held 0.01% and 61.28% respectively.
NHC Foods has tied-up with GreenCart.in, an online grocery shopping portal with high penetration among customers based in Mumbai for farm fresh & organic fruits and vegetables and specialized in supplying imported grocery and food products. Greencart whose target consumer base is mainly from the urban middle class population in metros will give NHC Foods branded spices - ‘SAAZ’ an opportunity to cater to bigger & niche consumers with a bigger consumption capacity. This will further enhance SAAZ’s revenue in terms of value.
With this new launch NHC Foods’ ‘SAAZ’ aims to generate business worth Rs 10 crore from its e-commerce business with Greencart over the next two years.
NHC Foods is Government Recognized Star Export House engaged in the Business of Exporting Whole & Ground Spices, Oil Seeds, Food Grains, & Animal Feeds. The company has its state-of-the-art manufacturing facilities at Pardi in Gujarat. The company currently exports to 60 countries and has more than 200 International customers.
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