01-01-1970 12:00 AM | Source: Accord Fintech
Mrs. Bectors Food Specialities surges on starting commercial production at new production line in Rajpura
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Mrs. Bectors Food Specialities is currently trading at Rs. 306.70, up by 6.30 points or 2.10% from its previous closing of Rs. 300.40 on the BSE.

The scrip opened at Rs. 305.00 and has touched a high and low of Rs. 309.80 and Rs. 303.75 respectively. So far 2639 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 464.15 on 23-Jul-2021 and a 52 week low of Rs. 245.00 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 312.50 and Rs. 298.20 respectively. The current market cap of the company is Rs. 1820.33 crore.

The promoters holding in the company stood at 51.11%, while Institutions and Non-Institutions held 15.03% and 33.86% respectively.

Mrs. Bectors Food Specialities has started commercial production at new production line of biscuits at Rajpura in Punjab with an installed capacity of 12000 tons per annum with effect from July 15, 2022.

The installation of the new production line of Biscuits at Rajpura is part of the overall Rajura Expansion Project which also includes building and civil works for the manufacturing facilities, e.g., site development, construction and engineering related work including construction of preengineered building, construction of biscuit building, construction of roads, floor finish, construction of super-structure, roof, doors, rolling shutters and windows, office furnishings, weathering course, drainage and sewerage system, earth filling, electrical planning and equipment. The building and civil works of the Rajpura Expansion Project was delayed due to some unavoidable factors including COVID-19 pandemic, supply chain disruptions and other commercial considerations and is now scheduled to be completed by September 30, 2022.

Mrs. Bectors Food Specialities is one of the leading companies in the premium and mid-premium biscuits segment and the premium bakery segment in North India.