MRS BECTOR FOODMrs. Bectors Food Specialities Ltd was incorporated as Quaker Cremica Foods Private Limited on September 15, 1995. It manufactures biscuits and bakery products that are marketed under Mrs. Bector’s Cremica and Mrs. Bector’s English Oven brands, respectively
Annual Revenue rose 19.56%, in the last year to ₹1,642.95 Cr. Its sector's average revenue growth for the last fiscal year was 3.7%.
Quarterly Revenue rose 17.43% YoY to ₹413.02 Cr. Its sector's average revenue growth YoY for the quarter was 3.85%.
Annual Net Profit rose 55.83% in the last year to ₹140.36 Cr. Its sector's average net profit growth for the last fiscal year was 13.57%.
Quarterly Net profit rose 21.56% YoY to ₹33.62 Cr. Its sector's average net profit growth YoY for the quarter was 5.99%.
Stock Price rose 61.86% and outperformed its sector by 50.39% in the past year.
PE Ratio is 53, lower than its sector PE ratio of 57.49.
Debt to Equity Ratio of 0.34 is less than 1 and healthy. This implies that its assets are financed mainly through equity.
Return on Equity for the last financial year was 21.17%, more than 20% in the last financial year, indicating an efficient use of shareholder's capital to generate profit.
Mutual Fund Holding increased by 3.24% in the last quarter to 20.42.
Promoter Share Holding increased by 0.01% in the most recent quarter to 51.18%.
Interest Coverage Ratio is 22.08, higher than 1.5. This means that it is able to meet its interest payments comfortably with its EBIT.
Promoter Pledges are zero.
Bectorfoodlong
BECTORFOOD for 40%(approx..) Gain Check MRSBECORFOOD for 40% ++ gain. it is showing rounding bottom formation. may be it can made a handle as well so keep eye on it.
CMP : 473
TG : 670
SL : near 435
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk . Please consult your financial adviser before taking any decision.
BECTORFOOD - Ichimoku Bullish Breakout Stock Name - Mrs Bectors Food Specialities Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 478
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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BECTORFOOD (NO INDICATORS - ONLY PRICE ACTION)1 - There is a hidden channel pattern in descending traingle where stock has been taking the support on trendline
2 - Right after fall , gapped up and made reversal (inverted hammer ) . today closed in green which is reversal confirmation(bulls are In control)
3 - Main thing is here to consider that reversal happened at area of interest (demand zone)
4 - one can enter by keeping stoploss at 370 levels .
5 -And the target always depends on price action , actually I don't set target, I do take exits depends on priceaction (and it varies to person to person's conviction)
6- still if you want to set a target then go with 1:2 or 1:3 risk reward
7- Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market)
NOTE : I only use simple Strategy that always give superior returns, Don't get carried away with all the complex strategies that's in the market. Complex doesn't necessarily mean good.
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Mrs Bector - Cup & Handle formationAs you can see Mrs Bector has formed Cup & handle pattern in Daily time frame.
Entry : Safe to enter above 460 (only if daily candle close above it )
Stop loss: 449
Targets :
Target 1: 500
Target 2: 500+ with strict trailing stop loss ( i.e Stoploss should be previous day low )
Points to remember
- Always wait for the confirmation, dont jump in runing candle
- Always keep a strict Stop loss
- Once a breakout is done, there is 99% chance it will come back to re-test
Please note : This is for educational purpose only
BectorFood made Cup handle pattern (Bullish)1.Cup Handle pattern in Day frame
2. Making Higher Highs in 1Hr Time frame
3.continuosly raising volumes from 3 days
For Swing Trade
Enter above 470 level with good confirmation
Tgt 1- 554
Tgt 2- 621
Sl - 426
*Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
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