Mrs. Bectors Food - Multiple Drivers Of Growth: ICICI Securities Initiates Coverage
An employee inspects biscuits on a conveyor belt. (Photographer: Chris Warde-Jones/Bloomberg News)

Mrs. Bectors Food - Multiple Drivers Of Growth: ICICI Securities Initiates Coverage

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

We believe the expansion of domestic biscuits and branded breads business into new regions driven by sales initiatives will be a key driver for growth of Mrs. Bectors Food Specialities Ltd.

Further, focus on premiumisation within existing product segments with focus on increasing sales realisations, volume and provide differential offerings to customers will drive margin expansion.

Strong relationships with institutional customers (quick service restaurants, Mondelez, exports) augurs well for adopting innovations faster to drive penetration and customer acquisitions.

Click on the attachment to read the full report:

ICICI Securities Initiating Coverage on Mrs Bectors .pdf


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