Mrs. Bectors Food on Tuesday, September 10, informed that the company has allotted 2.58 million equity shares to eligible qualified institutional buyers (QIBs) at a price of Rs 1,550 per share.
Mrs. Bectors Food Specialities launched a Rs 400-crore QIP at a floor price of Rs 1,577.85 crore
Analysts expect some populist measures to address rural stress and lift sentiments at the margin, given the nature of the Lok Sabha polls verdict.