Buy Bata India, target Rs 795: Manas Jaiswal
Buy Bata India at a price target of Rs 795 and a stop loss at Rs 745 from entry point.
By ETMarkets.com |
Manas Jaiswal of manasjaiswal.com has a buy call on Bata India with a target price of Rs 795.
The current market price of Bata India is Rs 759.55.
Time period given by the analyst is intraday when Bata India price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 745.
Bata India, incorporated in the year 1931, is a Mid Cap company (having a market cap of Rs 9,762.31 Crore) operating in Leather sector.
Bata India key Products/Revenue Segments include Footwear which contributed Rs 2,495.67 Crore to Sales Value (99.93 per cent of Total Sales) and Other Operating Revenue which contributed Rs 1.57 Crore to Sales Value (0.06 per cent of Total Sales)for the year ending 31-Mar-2017.
The company’s top management includes Mr.Akshay Chudasama, Mr.Christopher Kirk, Mr.Rajeev Gopalakrishnan, Mr.Ram Kumar Gupta, Mr.Ravi Dhariwal, Mr.Shaibal Sinha, Mr.Uday Khanna, Ms.Anjali Bansal.
Company has S R Batliboi & Co. LLP as its auditors.
As on 30-06-2017, the company has a total of 128,527,540 shares outstanding.
The current market price of Bata India is Rs 759.55.
Time period given by the analyst is intraday when Bata India price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 745.
Bata India, incorporated in the year 1931, is a Mid Cap company (having a market cap of Rs 9,762.31 Crore) operating in Leather sector.
Bata India key Products/Revenue Segments include Footwear which contributed Rs 2,495.67 Crore to Sales Value (99.93 per cent of Total Sales) and Other Operating Revenue which contributed Rs 1.57 Crore to Sales Value (0.06 per cent of Total Sales)for the year ending 31-Mar-2017.
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The company’s top management includes Mr.Akshay Chudasama, Mr.Christopher Kirk, Mr.Rajeev Gopalakrishnan, Mr.Ram Kumar Gupta, Mr.Ravi Dhariwal, Mr.Shaibal Sinha, Mr.Uday Khanna, Ms.Anjali Bansal.
Company has S R Batliboi & Co. LLP as its auditors.
As on 30-06-2017, the company has a total of 128,527,540 shares outstanding.
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