Sell Bata India, target Rs 835: Jay Thakkar

Sell Bata India Ltd. at a price target of Rs 835 and a stop loss at Rs 879 from the entry point.

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The current market price of Bata India is Rs 866.
Jay Thakkar of Anand Rathi has a sell call on Bata India with a target price of Rs 835.

The current market price of Bata India is Rs 866.

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


Jay Thakkar recommended keeping a stop loss at Rs 879.

Bata India, incorporated in the year 1931, is a Mid Cap company (having a market cap of Rs 11,130.48 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.
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The company has S R Batliboi & Co. LLP as its auditors.

As on 30-06-2018, the company has a total of 128,527,540 shares outstanding.
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