Mumbai: Mrs Bectors Food Specialties Ltd made a strong markets debut on Thursday. Geojit Financial Services Ltd feels that over dependence on the biscuits business and not having long-term contracts with its quick service restaurant (QSR) customers are key risks for Mrs Bectors Food. Promoters of the company including Anoop Bector, his family and a family trust own 52.40% in Mrs Bectors Food. Mrs Bectors Food manufactures and sells biscuits primarily in the premium and mid-premium segment and the premium bakery segment in North India. It manufactures and markets a range of biscuits such as cookies, creams, crackers and digestives under its flagship brand ‘Mrs Bectors Cremica’.

Source: Mint December 24, 2020 04:43 UTC