Why bector shares are falling?

According to Bathini, it’s just not Mrs Bectors nearly all the IPO saw “exuberance” during their listing and fell by a thud due to “profit booking.” “All of the recent listings if you see including Burger King, Happiest Minds all of them are listing at a great premium and then we are witnessing profit booking leading …

Is Mrs Bectors a good buy quora?

Bector is a good company for long term perspective so just sit tight. If you are a long term investor, and not a trader, always, always look at a stock from the fundamentals point of view – look at its business, management, market and company’s financial track record. Mrs.

What does Bectors Food do?

Bectors Food, which today commands a market capitalisation of over ₹2,300 crore, exports biscuits (under its flagship brand Mrs. Bector’s Cremica) to over 60 countries. The company has a pan-India distribution network across 23 states with about 644 distributors and a presence in over 458,000 retail outlets.

Is Mrs bector IPO good?

At the higher price band of Rs 288, the stock is valued at 28 times its trailing 12-month earnings of Rs 10.32, which looks quite attractive considering the brand equity, distribution network, strong fundamentals and robust growth prospects, the brokerage said. “The company has turned free cash flow positive in H1FY21.

How is Mrs Bector Food IPO?

Mrs Bector’s Food Specialties had a record-breaking initial public offering (IPO), receiving subscriptions worth ₹40,000 crore for an offer of ₹540 crore. That has translated into a bumper listing as 2020 draws to an end. The shares of Mrs Bector ‘s opened at ₹500 – a 73\% premium over the issue price of ₹288 per share.

Is Burger King shares worth buying?

Should you buy at current levels? After making a dream debut at Indian stock market in December 2020, Burger King share price has been on the down side as it has shed near 2.5 per cent in 2021. They said that the stock may become highly bullish if it manages to breach and sustain above ₹190 levels.

Should I invest in bector?

Mrs Bectors Food has a market share of around 4.5 percent in the premium and mid-premium biscuits segments. The company has exhibited EBITDA growth of 84.94 percent from H1FY20 to H1FY21 due to revenue growth of 18.2 percent and an expansion in EBITDA margin from 10.71 percent in H1FY20, to 16.76 percent in H1FY21.

Should you invest in bector IPO?

Short term investors who put money for listing gains can go ahead and invest in Mrs Bectors Food IPO. He said that it was unlikely that the listing would happen below the issue price. This will ensure capital protection and there could be some listing gains too.