INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on Bata India Ltd
with a target price of Rs 1200
The current market price of Bata India Ltd
is Rs 1148.95 Time period given by analyst is Intra Day when Bata India Ltd
price can reach defined target
Manas Jaiswal recommended to keep stoploss at Rs 1120
Bata India Ltd., incorporated in 1931, is a midcap company with a market cap of Rs 14767.17 crore.
Bata India Ltd
key Products/Revenue Segments include Footwear which contributed Rs 2634.90 Crore to Sales Value (99.94 % of Total Sales) and Other
Operating Revenue which contributed Rs 1.41 Crore to Sales Value (0.05 % of Total Sales)for year ending 31-Mar-2018
For quarter ended 30-09-2018, company has reported a Standalone sales of Rs 673.07 Crore, down -15.58 % from last quarter Sales of Rs
797.28 Crore and up 14.68 % from last year same quarter Sales of Rs 586.90 Crore Company has reported net profit after tax of Rs 55.66 Crore
Gupta, Mr.Ravi Dhariwal, Mr.Sandeep Kataria, Mr.Shaibal Sinha, Mr.Uday Khanna, Ms.Anjali Bansal
LLP as its auditoRs As on 30-09-2018, company has a total of 128,527,540 shares outstanding
