Sunil Singhania Makes Fresh Entry Into Packaged Foods Company Through Rs 49.67 Crore Bulk Deal; Share Price Jumps 14%
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Mrs Bectors Food Specialities witnessed a fresh investment from Sunil Singhania-led Abakkus Investment Managers, which acquired shares worth approximately Rs 49.67 crore through a bulk deal, while the stock recorded its biggest single-day rally since September 20, 2024
✨ Key Takeaways
On Thursday, Indian equity benchmarks traded higher, with the benchmark Nifty 50 rising 71.05 points or 0.30 per cent to 24,149.55. At the same time, Mrs Bectors Food Specialities share price jumped 13.68 per cent to Rs 192.09, after opening at Rs 182.01 and touching an Intraday high of Rs 197.50, representing an 8.51 per cent gain from the opening price. The stock also recorded its highest single-day rally since September 20, 2024.
Trading activity remained robust, with 53.78 lakh shares changing hands compared with the 30-day average volume of 2.85 lakh shares, indicating strong investor participation.
Sunil Singhania Makes Fresh Entry Through Bulk Deal
According to NSE bulk deal data, Abakkus Investment Managers Private Limited purchased 29,39,588 equity shares of the company at an average price of Rs 168.97 per share on July 15, 2026.
The transaction size is estimated at approximately Rs 49.67 crore, marking a fresh investment by Ace Investor Sunil Singhania in the company.
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About Abakkus Asset Manager
Abakkus Asset Manager was founded by Sunil Singhania in 2018 after he served as the Chief Investment Officer (Equities) at Reliance Mutual Fund. The investment firm manages portfolios across listed equities using a research-driven, long-term investment approach and is regarded as one of India's prominent domestic asset management firms.
About Bectors Food
Mrs Bectors Food Specialities Limited is one of India's leading premium food companies engaged in the manufacturing and marketing of biscuits, bakery products and frozen foods. The company sells biscuits under the Mrs. Bector's Cremica brand and has established a strong presence across domestic and international markets.
The company is also a leading supplier of buns, breads, pizza bases and other bakery products to major quick-service restaurant (QSR) chains in India. With multiple manufacturing facilities across the country, Mrs Bectors continues to expand its product portfolio and distribution network, catering to both retail consumers and institutional customers.
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Disclaimer: The article is for informational purposes only and not investment advice.