Momentum Pick: 95% returns in 1 year, Mrs Bectors shares poised for another 10-27% upside

Mrs Bectors Food Specialities Limited (MBFSL) has given investors returns of over 90% despite poor benchmark performances in the last year, with predictions that it could deliver between 10% and 27% returns over the long term. The company makes and markets several types of biscuits and has a strong northern presence in India, sold under flagship brand Mrs. Bector’s Cremica, and is expected to benefit from both technical and fundamental factors. Recommendations include a 10% increase in target prices to Rs 650 by Centrum Broking and upside potential of 27% from Sharekhan.