Low PE Penny Stock Below Rs 2: Micro-Cap Company Signs MoU with Lotmor Brands Pvt Ltd
DSIJ Intelligence-1 / 22 Jul 2025/ Categories: Penny Stocks, Trending
The stock is up by 24 per cent from its 52-week low of Re 0.87 per share and has given multibagger returns of 480 per cent in 5 years.
NHC Foods Ltd has announced a strategic move to diversify its business portfolio by entering the burgeoning beverages and allied products sector. The company has signed a Memorandum of Understanding (MoU) with LOTMOR Brands Private Limited, granting NHC the manufacturing rights for various beverages and similar products under the LOTMOR brand. This domestic agreement marks NHC's intent to capitalise on emerging market trends and evolving consumer preferences in the beverage industry, signalling a significant expansion beyond its traditional operations.
The MoU, which does not involve any upfront consideration, establishes the principal terms for this collaboration. It will remain in force for two years, during which a definitive manufacturing agreement outlining the precise terms and details will be executed. Upon the finalisation of this subsequent agreement, NHC Foods Ltd will become the official manufacturer of LOTMOR's beverage products. This partnership is expected to be mutually beneficial, allowing NHC to strategically broaden its product offerings and tap into a new market segment.
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About the Company
NHC Foods (NHC) has been a trusted name in the industry since 1960 and is a three-star merchant export house and a leading exporter of premium agricultural commodities and spices. Renowned globally for its expertise in the merchant export of Spices, Food Grains, Oil Seeds, Pulses, and Dry Fruits. NHC proudly serves over 30 countries with its signature brands such as Indi Bite, Eat'mor, and Saaz. With a strong focus on technology upgrades, process improvements, and market diversification, NHC is strategically expanding its footprint both in India and new international markets.
The shares of the company have a PE of 9.21x whereas the industry PE is 24x with an ROE of 12.2 per cent and an ROCE of 16.2 per cent. The stock is up by 24 per cent from its 52-week low of Re 0.87 per share and has given multibagger returns of 480 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.