INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a sell call on Bata India Ltd
with a target price of Rs 1230
The current market price of Bata India Ltd
is Rs 1281.85 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 1305
Bata India Ltd., incorporated in 1931, is a midcap company with a market cap of Rs 16475.30 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 the year ending 31-Mar-2018
For the quarter ended 31-12-2018, the company has reported a Standalone sales of Rs 778.70 Crore, up 15.69 % from last quarter Sales of Rs
673.07 Crore and up 15.53 % from last year same quarter Sales of Rs 674.00 Crore Company has reported net profit after tax of Rs 103.18
Mr.Ram Kumar Gupta, Mr.Ravi Dhariwal, Mr.Sandeep Kataria, Mr.Shaibal Sinha, Mr.Uday Khanna, Ms.Anjali Bansal
LLP as its auditoRs As on 31-12-2018, the company has a total of 128,527,540 shares outstanding
