Buy Bata India, target Rs 766: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Bata India with a target price of Rs 766.

The current market price of Bata India is Rs 729.80.

Time period given by the analyst is 'Intra Day' when Bata India price can reach defined target.

Kunal Bothra recommended to keep stoploss at Rs 705.


Bata India, incorporated in the year 1931, is a Mid Cap company (having a market cap of Rs 9,099 Crore) operating in Leather sector.

The company’s top management includes Mr.Akshay Chudasama, Mr.Christopher Kirk, Mr.Rajeev Gopalakrishnan, Mr.Ram Kumar Gupta, Mr.Ravi Dhariwal, Mr.Sandeep Kataria, Mr.Shaibal Sinha, Mr.Uday Khanna, Ms.Anjali Bansal.

Company has S R Batliboi & Co. LLP as its auditors.

As on 31-12-2017, the company has a total of 128,527,540 shares outstanding.