NHC Foods stock jumps nearly 170% in six months, plans overseas expansion

NHC Foods shares have surged nearly 170% in the past six months, making the sub‑₹10 penny stock one of 2026’s top multibaggers. The same shares are up more than 125% year‑to‑date, even as India’s key benchmark indices have posted negative returns for the period. The rise places NHC Foods among the rare Indian stocks that deliver strong gains despite broader market weakness. The company operates in the fast‑moving consumer goods (FMCG) sector and trades below ₹10 per share, qualifying it as a penny stock. On Friday the firm announced plans to grow its overseas business by tapping into new opportunities abroad. The expansion move follows the recent price rally and signals management’s confidence in scaling operations beyond India. Investors see the overseas push as a catalyst for further growth, while the stock’s performance highlights how small‑cap FMCG names can outperform larger indices in 2026.