Sell Bata India, target Rs 686: Kunal Bothra
Sell Bata India Ltd. at a price target of Rs 686.0 and a stop loss at Rs 717 from entry point.
The current market price of Bata India is Rs 705.
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 717.
Bata India, incorporated in the year 1931, is a Mid Cap company (having a market cap of Rs 9,088.82 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.
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