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The Economic Times
The Economic Times
Business
Debaroti Adhikary

Mrs Bectors Food shares surge 30% in 4 days after Sunil Singhania's Abakkus acquires 1% stake. Do you own?

Mrs Bectors Food Specialities NSE

The shares of Mrs Bectors Food Specialities jumped another 4.5% on Tuesday, extending a 30% rally over four days after veteran investor Sunil Singhania's Abakkus Investment Managers acquired around 1% stake in the company through a bulk deal.

The stock soared 14% on Thursday following the transaction. It rose another 7% to an intraday high on Friday before succumbing to profit booking and closing lower. The company's shares gained over 16% in two straight sessions, hitting a five-month high of Rs 219.61 apiece on the NSE today.

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