FMCG Stock Jumps 62% in 10 Days; Here's the Reason Why
Bengaluru, Aug. 19 -- The article outlines factors that might be behind the rally in this stock of this company, which specializes in processing, bulk trading, and exporting whole and ground spices, oilseeds, grains, pulses, and other agricultural commodities countries worldwide.
With a market capitalization of Rs 124 crore, NHC Foods Ltd's share price on Wednesday hit a day high of Rs 1.63 per share, up 5 percent to the upper circuit in the day's trade, from its previous close of Rs 1.56 per share. The stock of the company gave a return of 83 percent since the start of 2026.
Factors that might be behind the rally
Strong Revenue Growth
NHC Foods reported a sharp 233 percent YoY increase in sales to Rs 370 crore in Q1 FY27 from Rs 111 ...
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