NHC Foods, a manufacturer and exporter of spices and other food products, surged on Tuesday after it bagged an order worth Rs 500 million from China based MINH PHAT IMEXCO, JSC & CAM GIAGNG, JSC.

The order is for NHC'S SAAZ SPICES RANGE, especially Cumin. SAAZ is the company's high margin branded Spices product line. This is in-line with NHC'S vision of penetrating Asian Markets which have long been traditional trading partners in India's spice market.

NHC Foods expects to send its first shipment to China valued at Rs 200 million by the Q2 FY 2014-15 itself.

Shares of the company are trading at Rs 42.70, up Rs 1.85, or 4.53% at the Bombay Stock Exchange (BSE) on Tuesday at 12:33 p.m.

The scrip has touched an intra-day high of Rs 43.50 and low of Rs 41. The total volume of shares traded at the BSE is 148,175.