20 Aug 2018 | 6:58 AM
Research Report

Equity Research Report: Master Pick-BATAINDIA

Bata India net sales for June 2015 quarter have increased by 9% to Rs 680.46 crore due to various promotional schemes and price discounts. The net profit has inclined by 55% to Rs 92.20 crore due to extra-ordinary income.
14 Aug 2015 | 06:00 PM

Bata has witnessed strong rebound from its long term support zone of late; confirming the prevailing long term uptrend. Currently, it’s trading in a range of 1120-1230 and formed a fresh entry pivot. Short term traders can accumulate it in the given range of 1145-1165 with close below stop loss of 1080 for the target of 1360.