Analyst: The revenue growth trajectory of Mrs. Bectors Food Specialties may be improving.

Analysts at Elara Securities said in a research report that the revenue growth prospects of Mrs. Bectors Food Specialities may be improving. These analysts stated that the frozen product portfolio of this bakery manufacturer's B2B business is growing well, contributing 20% of the revenue. Management expects low double-digit growth in domestic business for this Indian company, and exports are expected to rebound due to the US-India trade agreement and the India-EU free trade agreement. However, the brokerage firm has lowered its profit forecasts for the company's fiscal years 2027 and 2028 by 4.1% and 4.7% respectively to reflect lower assumptions for interest, taxes, depreciation, and amortization before earnings. The brokerage firm has reduced the stock's target price from 340.00 Indian Rupees to 300.00 Indian Rupees, but maintains a buy rating. The stock rose 3.3% to 220.20 Indian Rupees.