MoneyWorks4Me

NHC Foods bags order worth Rs 10 crore

18 Sep 2012 Evaluate

NHC Foods has bagged an order worth Rs 10 crore from China-based Global Int. Development. The order is for NHC FOODS product line. The above order will be executed in next 90 days.

Following this order, the company marks its first foray into the lucrative Chinese market. The order also marks the beginning of an important phase in NHC’s overall strategy for the next 5 years. The company expects to triple its order book value to this country over the next couple of years.

NHC Foods (formerly known as Midpoint Software & Electro Systems), is a government recognized star export house. The company is active in the manufacture and export of spice products viz. Seed, Grounded and Blended.

Peers
Company Name CMP
Nestle India 1353.15
Varun Beverages 432.00
Britannia Industries 4930.00
LT Foods 424.20
Hatsun Agro Product 1136.45
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