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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...

Mrs Bectors IPO may ride piggyback on Burger King’s stellar listing Premium 2 min read The price offer seems expensive considering Mrs Bectors's 1% market share, an analyst says Share Via Read Full Story As Mrs Bectors Food Specialities Ltd’s initial public offering (IPO) opens today, there are two main factors that work in its favour. One, the company operates in the packaged foods segment, which has lately benefited from the increase in stay-at-home consumption during the pandemic. Mrs Bectors operates in the premium and mid-premium range of biscuits and bakery segment in North India. S...

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