NHC Foods Limited is emerging as a promising multibagger stock, driven by impressive financial performance and strategic growth initiatives. Investor may buy shares of NHC Foods at ₹. 1 against current market price of ₹. 3 just following two simple steps.
Step 1: Buy NHC RE (BSE Symbol: NSCFO-RE) from BSE at market rate.
Step 2: Apply any amount in right issue through ASBA at ₹. 1 against current market price of ₹. 3.
Investor can buy few RE from BSE and after buying RE, investors can buy any amount of NHC Foods right shares at ₹. 1 against current price nearby ₹. 3.
Shareholders on record date of 26th November, can also apply for any amount of right shares at ₹. 1 against current price of near by ₹. 3
Why Should I buy NHC Food right issue at ₹. 1?
1. Right issue is at ₹. 1 against current market price of ₹. 3.
2. NHC’s 6 months PAT of H1FY25 is 405 lacs which already surpasses the full year PAT of 235 lacs achieved in FY24.
3. The 3 Star Export House, NHC Foods with exports to 30+ countries is famous for some leading and signature brands like Indi Bite, Eat’mor and Saaz.
The subscription window for NHCFO- RE (Rights Entitlement) will remain open from December 5 to December 12, 2024 and right issue closes on December 18, 2024. The record date for NHC Foods Limited’s ₹ 47.42 crore rights issue was November 26, 2024.
Investors must purchase few NHCFO-RE and then buy any amount of right issue at ₹. 1 against current market price of ₹. 3.
