NHC Foods touches roof on getting nod to invest in 99.98% stake of M/s Sachmaas Foods
NHC Foods is currently locked at its upper circuit limit of Rs 1.51, up by 0.07 points or 4.86% from its previous closing of Rs. 1.44 on the BSE.
The scrip opened at Rs. 1.51 and has touched a high and low of Rs. 1.51 and Rs. 1.51 respectively. So far 1108442 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 2.84 on 04-Sep-2026 and a 52 week low of Rs. 0.59 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 1.51 and Rs. 1.22 respectively. The current market cap of the company is Rs. 142.51 crore.
The institutions and non-institutions held 15.53% and 84.47% stake in the company respectively.
NHC Foods has received approval for investment in 99.98% stake of M/s SACHMAAS FOODS (Partnership Firm) which is in the business of manufacturing, processing, repacking and dealing in all kinds of Chick Peas (Chanas), Peanuts and all other Food Products on wholesale, retail or otherwise.
With the strategic investment, the company will be able to expand its business and will add synergy to the existing business of NHC Foods. The Board of Directors of the Company, at its meeting held on November 07, 2026 has inter alia approved the same.
