Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

IDBI Bank has already given more than 50 per cent return on the weekly chart since July 2022. It is holding on to its support level of Rs 45-47 apiece

Mrs Bectors Food, IDBI Bank, PNB Infratech: Trading strategies for these 3 stocks

Due to a strong upside on November 23, 2022, Mrs Bectors stock has climbed by a whopping nearly 77% compared to its 52-week low of ₹245 apiece which was recorded on June 20 this year. So far in 2022, the stock has jumped by at least 12.25%.

This smallcap stock hits fresh 52-week high. Should you buy more?

Suzlon Energy Ltd, Triveni Turbine Ltd, Jai Corp Ltd and Mrs Bectors Food Specialities Ltd are among the other gainers in the BSE’s ‘A’ group today, 05 September 2022.

Dish TV India Ltd leads gainers in ‘A’ group

Buzzing stocks: BSE, Happiest Minds, HeidelbergCement, Piramal Enterprises, BoB, Om Infra, Shilpa Medicare, PTC Industries, Maharashtra Seamless, Mrs Bectors Food, Orchid Pharma, KNR Constructions, Jagsonpal Pharma

Stocks that will see action on July 18, 2022

Mrs. Bectors Food Specialities rose 1.12% to Rs 303.75 after the company said that a new production line of biscuits at Rajpura has started its commercial production with an installed capacity of 12,000 tons per annum.

Mrs Bectors Food gains as new production line commences

It has an installed capacity of 12,000 Tons per annum effective from July 15, 2022.

Mrs Bectors commences commercial production at Rajpura; stock climbs ~2%

Speaking to ET Now, Anoop Bector, Managing Director, Mrs Bectors Food Specialities says there has been continuous inflation, so they have had to increase prices. There is always a lag in the industry, taking 3 months to cover up input cost pressures. However, he believes they are better placed this year and will see better EBITDA margins come in. The company is focusing heavily on distribution, adding a lot of people on the ground. He also plans to add 50,000 outlets in the coming year. Future plans for the QSR business appear promising, and volumes should increase, he adds. He says the focus will be on biscuits as a value and volume provider. Watch the full interview to know more only on ET NOW.
#ETNow #AnoopBector

Biscuits To Get Expensive? | Anoop Bector, Mrs Bectors Food Specialties | ET Now

Meanwhile, SBI Mutual Fund picked up over 3.3 million shares of Mrs Bectors

Two entities sell shares worth Rs 284 cr of Mrs Bectors Food Specialities

In another transaction, SBI Mutual Fund bought 33 lakh shares of Mrs Bectors Food at Rs 303 per share. Shares were sold by GW Crown Pte among others.

NSE-BSE bulk deals: Nomura, Sociate Generale dumps shares of Hariom Pipe

PCBL Ltd, Linde India Ltd, Hathway Cable & Datacom Ltd and Mazagon Dock Shipbuilders Ltd are among the other losers in the BSE’s ‘A’ group today, 13 April 2022.

Mrs Bectors Food Specialities Ltd leads losers in ‘A’ group

Mrs Bectors Food has underperformed market in the past 3-6 months after reporting weak set of numbers. In comparison, the benchmark index was down by less than 4 per cent during the same period.

Mrs Bectors Food Specialities slips 10% on heavy volumes

Mrs. Bector's Food Specialties Ltd. is a manufacturer and exporter of biscuits, confectionaries, jams, sauces, and ketchups. The Company’s product range include  Indian snacks, ready to eat food, condiments, frozen products, and bakery products. 

Mrs. Bectors Food Specialities Ltd

Mrs. Bectors Food Specialities Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Mrs Bectors Food, IDBI Bank, PNB Infratech: Trading strategies for these 3 stocks

This smallcap stock hits fresh 52-week high. Should you buy more?

Dish TV India Ltd leads gainers in ‘A’ group

Stocks that will see action on July 18, 2022

Mrs Bectors Food gains as new production line commences

Mrs Bectors commences commercial production at Rajpura; stock climbs ~2%

News Video

Biscuits To Get Expensive? | Anoop Bector, Mrs Bectors Food Specialties | ET Now

Mrs. Bectors Food Specialities Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Mrs Bectors Food, IDBI Bank, PNB Infratech: Trading strategies for these 3 stocks

This smallcap stock hits fresh 52-week high. Should you buy more?

Dish TV India Ltd leads gainers in ‘A’ group

Stocks that will see action on July 18, 2022

Mrs Bectors Food gains as new production line commences

Mrs Bectors commences commercial production at Rajpura; stock climbs ~2%

News Video

Biscuits To Get Expensive? | Anoop Bector, Mrs Bectors Food Specialties | ET Now

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock