Bector Food News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shares of Mrs. Bectors Food Specialities were down 1 per cent to Rs 430.50, its lowest level since listing on the BSE in the intra-day trade on Wednesday. Mrs. Bectors Food Specialities made a strong stock market debut on December 24, with stock of the biscuit and bread manufacturer listing at Rs 501, a 74 per cent premium against its issue price of Rs 288 per share on the BSE on Thursday. Post listing, it zoomed 119 per cent against its issue price in the next couple of days. However, with today's fall, the stock of the packaged foods company has slipped 32 per cent from its high of Rs 63...

Shares of Mrs. Bectors Food Specialities made a strong debut at the bourses on Thursday with stock of the biscuit and bread manufacturer listing at Rs 501, a 74 per cent premium against its issue price of Rs 288 per share on the BSE on Thursday. A minute into the debut, the stock surged to its maximum upper limit of 20 per cent at Rs 601.20, rising more-than-double the issue price on the BSE. At close, Mrs. Bectors Food Specialities was quoting at Rs 595.5 apiece, a 106-per cent gain against the issue price. It touched an intra-day high of Rs 600 post the debut. The initial public offering...

The initial public offering (IPO) of Mrs Bectors Food Specialities garnered 198 times subscription and generated bids worth more than Rs 40,000 crore. For IPOs of more than Rs 200 crore in size, this is the highest-ever subscription. Previously, only three tiny issues have garnered more than 200 times subscription. The huge oversubscription for the IPO of Mrs Bectors—a biscuit and bread manufacturer—comes close on heels of the successful debut of Burger King India, whose stock tripled on listing. Eyeing similar listing gains, wealthy investors have mounted bets worth Rs 33,800 crore on...

Mrs Bector will use the issue proceeds for setting up of a new production line for biscuits. The company manufactures and markets cookies, creams, crackers, digestives and glucose under its brand ‘Mrs Bector’s Cremica’. They also manufacture and market bakery products in savoury and sweet categories under its brand ‘English Oven’. Bector Food is the largest supplier of buns in India to QSR chains such as Burger King India, Connaught Plaza restaurants, Hardcastle restaurants, and Yum! Restaurants. SBI Capital Markets, ICICI Securities and IIFL Securities are the book running lead m...

Burger King IPO likely to see about 70% gains on listing: Gaurav Garg Investors should invest in value picks as momentum still persists in broader indices. An investor should keep their investment horizon longer and choose stocks accordingly. December 14, 2020 / 03:19 PM IST Burger King is likely to give more than 70% gains. In my view, investors might look at booking partial gains at the time of listing and hold the stock and then buy it on any dips to keep the investment for long term,  Gaurav Garg, Head Research, CapitalVia Global Research Limited said in an interview with Moneycontro...