NHC Foods touches roof on inking MoU with Lotmor Brands
NHC Foods is locked its upper circuit limit at Rs. 1.12, up by 0.05 points or 4.67% from its previous closing of Rs. 1.07 on the BSE.
The scrip opened at Rs. 1.11 and has touched a high and low of Rs. 1.12 and Rs. 1.08 respectively. So far 1604433 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 3.71 on 30-Dec-2024 and a 52 week low of Rs. 0.87 on 04-Jun-2025.
Last one week high and low of the scrip stood at Rs. 1.20 and Rs. 1.02 respectively. The current market cap of the company is Rs. 66.39 crore.
The Non-Institutions held 100.00% stake in the company.
NHC Foods has entered into a strategic Memorandum of Understanding (MoU) with Lotmor Brands, marking a significant move in the company’s growth and diversification strategy. This grants NHC Foods the rights to manufacture a range of beverages and similar products under Lotmor’s ‘Nature Day’ brand. The strategic move aligns with NHC Foods’ strategy to diversify its portfolio beyond exports and agricultural commodities.
The company plans to leverage this tie-up to expand its footprint in India’s organised retail sector, with a focused entry into leading chains. NHC aims to capture the growing demand for quality packaged beverages and allied FMCG products driven by evolving consumer lifestyles and preferences.
NHC Foods is a Government Recognized Two Star Export House engaged in the Business of Exports of Whole & Ground Spices, Lentils, Pulses, Grains, Oil Seeds and various other Agri-products and Assorted Food Products.
