On October 20, 2009, Honeywell Flour Mills Plc (HFMP) debuted on the Nigerian Stock Exchange at a share price of N8.50. Six years later, the stock plummeted to N2.72, marking a 68 per cent decline from its initial listing price.
HFMP hit a new all-time low of N0.83 on March 26, 2020. But since then, the company has made a remarkable comeback. In 2025, the stock surged to a record high of N23 on May 29, representing an almost 28-fold increase from its 2020 low.
After opening the year at N6.92, HFMP has posted a 265 percent year-to-date gai
