INSUBCONTINENT EXCLUSIVE:
at a price target of Rs 1820.0 and a stoploss at Rs 1745 from entry point
ETMarkets.com|Updated: Oct 22, 2019, 10.03 AM ISTJay Thakkar of Anand Rathi has a buy call on Bata India Ltd
with a target price of Rs 1820
The current market price of Bata India Ltd
is Rs 1793.0 Time period given by the analyst is Intra Day when Bata India Ltd
price can reach defined target
Jay Thakkar recommended to keep stoploss at Rs 1745
Bata India Ltd., incorporated in 1931, has a market cap of Rs 22724.95 crore
key Products/Revenue Segments include Footwear which contributed Rs 2926.40 Crore to Sales Value (99.93 % of Total Sales) and Other
Operating Revenue which contributed Rs 2.04 Crore to Sales Value (0.06 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-06-2019, the company has reported a Consolidated sales of Rs 882.76 Crore, up 29.77 % from last quarter Sales of
Rs 680.24 Crore and up 10.62 % from last year same quarter Sales of Rs 798.00 Crore Company has reported net profit after tax of Rs 100.97
The company’s top management includes Mr.Akshay Chudasama, Mr.Alberto Michele Maria Toni, Mr.Ashok Kumar Barat, Mr.Rajeev Gopalakrishnan,
Mr.Ram Kumar Gupta, Mr.Ravi Dhariwal, Mr.Sandeep Kataria, Mr.Shaibal Sinha, Mr.Uday Khanna, Ms.Anjali Bansal
As on 30-06-2019, the company has a total of 128,527,540 shares outstanding.
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