NHC Foods surges on orders from China

18th September 2012 01:18 PM

NHC Foods surged on Tuesday after it has received an order of Rs 100 million from Global Int. Dev, China. This order is for NHC Foods product line. The above order will be executed in next 90 days. With this order NHC Foods marks its first foray into the lucrative Chinese market.Shares ofthe companyare trading at Rs 32.85, up Rs 1, or 3.14% at the Bombay Stock Exchange (BSE) on Tuesday at 12:05 p.m.The scrip has touched an intra-day high of Rs 33.15 and low of Rs 31. The total volume of shares traded at the BSE is 19,395.In the earlier session, the shares rose 3.75%, or Rs 1.15, at Rs 31.85. Currently, the stock is trading down 1.2% from its 52-week high of Rs 33.25 and above 87.18% over the 52-week low of Rs 17.55.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 28.00 3.85 13.75 1 Month 20.40 11.45 56.13 3 Months 21.50 10.35 48.14 6 Months 24.75 7.10 28.69 1 Year 24.25 7.60 31.34 Note: Based on previous day closing price.
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