Mrs Bectors Food Specialities makes strong market debut, settles 107% above issue price on BSE
Mrs Bectors Food Specialities share: The shares of Mrs Bectors Food Specialities got listed at a 73.96 per cent premium on the BSE at Rs 501 apiece, while on the National Stock Exchange (NSE), they debuted at Rs 500 per share, registering a 73.61 per cent rise over the issue price of Rs 288. Updated: December 24, 2020 5:37:37 pm
Image source: English Oven s website
Shares of buscuits and bread maker
Mrs Bectors Food Specialities made a strong debut on the BSE and National Stock Exchange (NSE) today listing at 74 per cent premium over their issue price.
Stellar Debut For Mrs Bectors Food, Share Price Closes 107% Higher
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Mrs Bectors Food Specialities Shares Hit Upper Circuit After Debuting At A 74% Premium Over IPO Price
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Updated Dec 24, 2020 | 10:51 IST
Mrs Bectors Food Specialities share listing: The IPO of Mrs Bectors Food, which was open for subscription between December 15-17, was the most subscribed IPO of 2020 with 197.38 times subscription. Mrs Bectors Food Specialities share listing (Representational image)
New Delhi: Mrs Bectors Food Specialities shares made a stellar debut on stock exchanges on Friday. The stocks zoomed as much as 109% to Rs 601 on the Bombay Stocks Exchange against its issue price of Rs 288. As of 10:27 am, the stock was up 104.38% at Rs 588.60 apiece. At the current market price market capitalisation of the company comes to Rs 3,324.17 crore.
Mrs Bectors Food shares skyrocket 109%: Should investors book profits or hold?
Astha Jain of Hem Securities advised partial profit booking in Mrs Bectors Food shares and hold remaining shares on the day of listing. Sunil Shankar Matkar December 24, 2020 / 03:28 PM IST
Mrs Bectors Food Specialities shares saw a stellar listing on December 24, rising as much as 108.8 percent, at which point it hit the upper circuit on both the BSE and NSE.
The stock debuted at Rs 501, a whopping 74 percent premium over issue price of Rs 288 and the rally extended upto its upper circuit limit of Rs 601.20, a gain of 108.8 percent on the BSE.