Buy Bata India, target Rs 786: Jay Thakkar
Buy Bata India Ltd. at a price target of Rs 786.0 and a stop loss at Rs 732 from entry point.
The current market price of Bata India is Rs 750.
Time period given by the analyst is intraday when Bata India price can reach defined target.
Jay Thakkar recommended to keep a stop loss at Rs 732.
Bata India, incorporated in the year 1931, is a Mid Cap company (having a market cap of Rs 9,639.57 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 30-09-2017, the company has a total of 128,527,540 shares outstanding.
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