Mrs Bectors Meals lists at 73.61% top class

By: ENS Economic Bureau | Mumbai |

December 25, 2020 3: 02: 48 am





The stock opened at Rs 500 on the NSE, 73.61 per cent elevated than its enviornment tag of Rs 288 and hit the upper circuit at Rs 600 earlier than closing the trading session at Rs 592.5 apiece.

Shares of Mrs Bectors Meals Specialties made a stellar debut on the bourses on Thursday with checklist day gains of 105.73 per cent.

The stock opened at Rs 500 on the NSE, 73.61 per cent elevated than its enviornment tag of Rs 288 and hit the upper circuit at Rs 600 earlier than closing the trading session at Rs 592.5 apiece. Right here's the third finest checklist day buy after Burger King India and Happiest Minds Applied sciences, which observed gains of 125 per cent and 123.5 per cent, respectively.

The IPO of Mrs Bectors Meals Specialties was as soon as for an quantity of Rs 540 crore and was as soon as subscribed 198.02 instances. Consultants mediate the IPO checklist gains will possible be attributed to the all-time highs available in the market and stable retail participation. Hemang Jani, head-equity design, broking and distribution, Motilal Oswal Monetary Services, acknowledged the checklist gains will possible be attributed to the euphoria available in the market and retail frenzy. —FE

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