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The Economic Times
The Economic Times
Debaroti Adhikary

Mrs Bectors Food shares surge 25% in 3 days after Sunil Singhania's Abakkus picks up stake

Shares of Mrs Bectors Food Specialities rallied another 12% on Monday, extending their three-day gain to over 25% after veteran investor Sunil Singhania's Abakkus Investment Managers acquired nearly a 1% stake in the company through a bulk deal.

The stock had jumped 14% on Thursday following the transaction. It rose another 7% to an intraday high on Friday before succumbing to profit booking and closing in the red. On Monday, the stock rebounded, trading at Rs 211.83 apiece on the NSE.

According to exchange data, Abakkus Investment Managers Pvt. Ltd. purchased nearly 30 lakh shares of Mrs Bectors Food on July 15, representing around 0.96% equity in the company. The shares were acquired at an average price of Rs 168.97 apiece.

Mrs Bectors Food share price

Mrs Bectors Food shares have jumped around 22% in one week and more than 9% in one month, although they remain 16% down in 2026 so far. The stock has fallen nearly 33% in one year.

In the longer term, Mrs Bectors Food shares have delivered positive returns of 23% in three years and 134% in five years. The company has a market capitalisation of nearly Rs 6,382 crore.

Also read: Mrs Bectors Food soars after Sunil Singhania's Abakkus acquires 29.4 lakh shares via block deal

Mrs Bectors Food shareholding pattern

Promoters and promoter group held more than 49% stake in Mrs Bectors Food, while the remaining 51% stake was owned by the public at the end of the June quarter. Around 19 mutual funds held 24% stake, while three insurance companies owned over 1% stake in the company.

More than 1 lakh retail shareholders owned around 12% stake in the company as on June 30, 2026, according to data on the company’s shareholding pattern on NSE.

Mrs Bectors Food earnings snapshot

Mrs Bectors Food Specialities is yet to announce its results for the April-June quarter of FY27. In the March 2026 quarter, the company reported an 8.4% year-on-year rise in consolidated revenue to Rs 496 crore, while consolidated net profit increased 3.3% YoY to Rs 35 crore, indicating steady business growth despite relatively modest earnings expansion.

Also read: Why is market falling today? Sensex slumps 600 points, Nifty tests 24,200. 6 factors behind the selloff

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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