NHC Foods Ltd's earnings have grown by 4.1%, whereas share price has declined -3.7% CAGR over the past five years, indicating the company’s share price is likely undervalued. However, for specific investment actions please consult your investment advisor.
NHC Foods Ltd share price has declined -6.2% annually (CAGR) over the past ten years.
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The roots of NHC Foods go back as far as 1960 with the establishment of a company called N Himatlal & Co. which was founded by Himatlal H Shah with the aim of promoting export of Indian spices and food stuff. N Himatlal & Co. grew to be a sizable company by its steady solid performance year after years built on its strong market goodwill, which shows it has maintained a growth rate in earnings to the extent of 30%.
In the year 1986, Apoorva
In the year 1986, Apoorva Shah joined the family business after his graduation and created a team of dynamic and competent educational advisors and trainers with well recognized technical and or scientific background useful to companyâ€™s business activities and merged N Himatlal & Co. into a new venture and hence the name NHC Foods.
The company with the existing vast infrastructure started navigating on a fast track using its excellent terms and strong good-will. Direct personal contacts developed over the years with well established prospective buyers through personal visits, smooth co-ordination between buyers and their agents not only helped continue excellent business friendship but also made it stronger and healthier by the day.
Products of the company