ResultsBusiness Standard
NHC Foods expands portfolio with Sachmaas acquisition; Q2 net up 16 times
Positive+99
GreyOak summary
NHC Foods reported a 333% rise in total income to ₹451.32 crore and a 16-fold profit increase to ₹21.68 crore for the September quarter. The company also acquired a 99.98% stake in Sachmaas Foods to expand its food processing portfolio and appointed Jayesh Shah as an Additional Director.
What it affects
- NHCFOODSPositive +99
Income up 333%; profit up 16x; acquired Sachmaas.Rolling sentiment Positive +82
Source
Read the original at Business StandardMore NHCFOODS news
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