UnknownUnicorn23435789

This speciality foods company just broke out of 2 year high!

Long
NSE:BECTORFOOD   MRS BECTORS FOOD SPE LTD
This speciality foods company just broke out of 2 year high!

BECTORFOOD

Mrs. Bector's Food Specialties Ltd. is a biscuit, confectionary, jam, sauce, and ketchup maker and exporter. Indian snacks, ready-to-eat meals, sauces, frozen items, and bakery products are among the products offered by the company.

Margins, sales and earnings have significantly improved in the past 3 quarters as well has year on year.

The company has lower than industry debt:equity ratio and better than industry current ratio.

Overall the company is showing excellent signs of profitability with minimal red flags.

On technical charts the price broke out of a 2-year high today with heavy volumes.

Price is in a strong uptrend since the past year and showing better relative strength compared to the index over a 6 month period.

Source: Screener.in, Tickertape.in

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