Does Bector really need to raise 400 crores?
ROEs may go for a toss.
Have they previously indicated about plans to raise equity ?
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The company would only dilute 5% equity to raise Rs.400cr., instead of leveraging its balance sheet the company is doing QIP to take advantage of elevated market sentiments, I think it would need funds as it’s trying to expand market share in west & east India by green & brown field expansion in its plant & for working capital.
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Why increase 12% today?
MRS. BECTORS FOOD: CO OPENS QIP, SETS FLOOR PRICE AT RUPEES 1,577.85 PER SHARE
This is latest news i see for Bector.
With good results and QIP open, would like to get your views on this. Thank you.
Holding small qtty from 1075 levels
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Bector Food concludes QIP of 400 crores issuing shares at 1550 per share. Various mutual funds, insurance companies and foreign funds have been allotted shares.
Government of Singapore gets allotted biggest share at 18.49% of issue.
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Saw this news just now, I think this will add strength in export market. As Lu Lu group is very strong in GCC and management is walking the talk as per concall let’s see 
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Sorry but I don’t quite follow your suggestion on nifty 50 SMA? Can you explain the correlation between this stock and nifty 50Sma?
As i said this is my opnion, as based on the historical chart, i learned recently, whenever nifty is above 50 sma, we must take trade as we do not know where is the bottom. sharing for example chart also, which shows whenever nifty is above 50sma we are in uptrend
If one entered when the price was trading below the 50-SMA (midway through the chart), they would have achieved better profitability compared to entering after a clear breakout above the 50-SMA. This is because entering earlier would allow the trader to capture the uptrend at a lower price point, maximizing potential gains. Conversely, entering after a breakout above the 50-SMA often involves higher risk due to overextension or potential reversals, which may reduce the overall profit margin.
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Agree with you, but stock can go in time correction also, hence if nifty is above 50 sma better chances to be in trending stock