The Rights Issue by NHC Foods, a three-star leading exporter of agricultural commodities
and spices is receiving a positive response. Market experts anticipate significant growth
potential for the company, projecting up to a 10x increase in share price over the next six
months, driven by its strong fundamentals and promising outlook.<\/p>\n\n\n\n
The ongoing rights issue offers a great opportunity for existing shareholders to significantly
increase their holdings at \u20b9 1 against current market price of \u20b9 3 Entitlement ration is 4:1 (four new shares for every one held) and shareholders must apply for additional shares as it gives great opportunity to shareholders to buy shares much below current market price.<\/p>\n\n\n\n
Why experts feel 10x price increase?<\/p>\n\n\n\n – NHC Foods recorded fantastic half yearly net profit of \u20b9 405.97 lacs in just 6 months Market experts believe the stock holds strong potential, considering its notable <\/p>\n\n\n\nCriteria<\/strong><\/td> Impact<\/strong><\/td> 6month FY25<\/strong><\/td> 12 months FY24<\/strong><\/td><\/tr> Net Profit<\/td> 2x in just 6 months<\/td> 405.97 lacs<\/td> 234.74 lacs<\/td><\/tr> Revenue<\/td> 66% achieved<\/td> 14067 lacs<\/td> 21130 lacs<\/td><\/tr> <\/td> <\/td> <\/td> <\/td><\/tr> Criteria<\/strong><\/td> Impact<\/strong><\/td> Sep-24<\/strong><\/td> Sep-23<\/strong><\/td><\/tr> Net profit<\/td> 377% up<\/td> 205.08 lacs<\/td> 42.95 lacs<\/td><\/tr> Revenue<\/td> 60% up<\/td> 6639.18 lacs<\/td> 4142.39 lacs<\/td><\/tr> <\/td> <\/td> <\/td> <\/td><\/tr> Criteria<\/strong><\/td> Impact<\/strong><\/td> Jun-24<\/strong><\/td> Jun-23<\/strong><\/td><\/tr> Net profit<\/td> 391% up<\/td> 200.88 lacs<\/td> 40.9 lacs<\/td><\/tr> Revenue<\/td> 73% up<\/td> 7424.88 lacs<\/td> 4269.81 lacs<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
of current year FY25 against \u20b9 234.74 lacs in 12 months in FY24.
– So net profit is almost double in just first 6 compared to last year 12 months.
– Net profit up by 377% is \u20b9 205.08 lacs Sep-24 v\/s \u20b9 42.95 lacs Sept-23.
– Revenue up by 60.25% at \u20b9 6639.18 lacs in Sept-2024 from \u20b9 4142.39 lacs in Sept-2023.
– Net profit up by 391% is \u20b9 200.88 lacs Jun-24 v\/s \u20b9 40.9 lacs Jun-23.
– Revenue up by 73% at \u20b9 7424.88 lacs in Jun-24 from \u20b9 4269.91 lacs in Jun-2023.<\/p>\n\n\n\n
improvement in topline and bottom-line performance over the last two quarters. For long-
term investors, this rights issue represents a compelling opportunity to enhance their
portfolios while capitalizing on the company\u2019s impressive growth trajectory.<\/p>\n\n\n\n
The company delivered outstanding performance in recent quarters, achieving over 375%
profit growth and more than 50% revenue gains. These results reflect the company\u2019s
strategic focus and operational efficiency. The recent investments in technology, product
development, and market expansion are expected to further strengthen its competitive edge, drive sustainable growth, and unlock new opportunities in both domestic and international markets.<\/p>\n\n\n\n
The 3 Star Export House, NHC Foods with exports to 30+ countries is famous for some
leading and signature brands like Indi Bite, Eat\u2019mor and Saaz.<\/p>\n\n\n\n