Buy Bata India, target Rs 775: Manas Jaiswal

Buy Bata India Ltd. at a price target of Rs 775.0 and a stoploss at Rs 729 from entry point.

Manas Jaiswal of manasjaiswal.com has a buy call on Bata India Ltd. with a target price of Rs 775.0 .
The current market price of Bata India Ltd. is Rs 734.5.

Time period given by analyst is intraday when Bata India Ltd. price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 729.
Bata India Ltd., incorporated in the year 1931, is a Mid Cap company (having a market cap of Rs 9580.44 Crore) operating in Leather sector.

Bata India Ltd. key Products/Revenue Segments include Footwear which contributed Rs 2495.67 Crore to Sales Value (99.93 % of Total Sales) and Other Operating Revenue which contributed Rs 1.57 Crore to Sales Value (0.06 % of Total Sales)for the year ending 31-Mar-2017.


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