Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Sharekhan is bullish on Bata India has recommended buy rating on the stock with a target price of Rs 2370 in its research report dated December 02, 2021.

Buy Bata India: Target Of Rs 2370: Sharekhan

Stocks like Mirza International, Relaxo Footwears and Bata India have gained about 88%, 48%, and 34%, respectively

These 5 Footwear Stocks Have Sprinted Up To 88% In FY22, Do You Own Any?

The footwear demand momentum continues to remain strong, said Vidhya Srinivasan, Director Finance & CFO, Bata India. The trends are looking good in metros and smaller towns and the company is over-investing in digital channels over the last few years, Srinivasan said in an interview with ETNOW. As various states restart physical schools for students, Bata is seeing an increase in its business. Meanwhile, with the raw material cost rising, the company is using the wait and watch approach as of now, Srinivasan added. Watch her views on the impact of the hike in GST rates on footwear.
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Unlock India: Is Demand For Formal Shoes Back? Vidhya Srinivasan Of Bata India

Bata India Ltd., incorporated in the year 1931, is a Large Cap company (having a market cap of Rs 24307.77 Crore) operating in Leather sector.

Sell Bata India, target price Rs 1400: HDFC Securities

Bata India nosedives over 5.5% to emerge as the top bear.

Nifty Consumer Durables dips over 750 pts; Bata, Whirlpool, Titan weigh down

Gunjan Shah, MD & CEO of Bata, in conversation with Shereen Bhan on the company's post-COVID recovery & the blueprint for merchandise & store expansion.

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex

CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.

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Gunjan Shah Of Bata Speaks On The Firm's Post-COVID Recovery & Much More | CNBC TV18

"Bata's consumer demand has picked up since July & is expected to improve further," says Gunjan Shah, MD & CEO of #Bata in conversation with Shereen Bhan on the company's post-COVID recovery & the blueprint for merchandise & store expansion

CEO Sentimeter | Bata India

Shoemaker Bata India on Wednesday reported a consolidated net profit of Rs 37.18 crore for the second quarter ended September 2021, helped by an increase in sales from its retail outlets, e-commerce platforms and expansion drive. The company had posted a net loss of Rs 44.31 crore in the July-September period a year ago. Bata's new MD & CEO Gunjan Shah said the company is seeing sustained consumer demand since July and expects the momentum to improve going forward.



#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex

CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.

For latest news and updates visit our Website: https://bit.ly/2YbpXBM
Subscribe to our Channel: https://www.youtube.com/user/CNBCTV18
Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News

Bata CEO & MD Gunjan Shah Says The Company Is Witnessing Steady Conusmer Demand | CNBC TV18

ICICI Direct is bullish on Bata India has recommended buy rating on the stock with a target price of Rs 2380 in its research report dated November 08, 2021.

Buy Bata India; Target Of Rs 2380: ICICI Direct

Sharekhan is bullish on Bata India has recommended buy rating on the stock with a target price of Rs 2370 in its research report dated November 03, 2021.

Bata's MD & CEO Gunjan Shah Speaks On The Firm's Post-COVID Recovery & Much More | CNBC TV18

Bata India Limited is engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network, and development of real estate.

Bata India Ltd

Bata India Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Buy Bata India: Target Of Rs 2370: Sharekhan

These 5 Footwear Stocks Have Sprinted Up To 88% In FY22, Do You Own Any?

News Video

Unlock India: Is Demand For Formal Shoes Back? Vidhya Srinivasan Of Bata India

Sell Bata India, target price Rs 1400: HDFC Securities

Nifty Consumer Durables dips over 750 pts; Bata, Whirlpool, Titan weigh down

News Video

Gunjan Shah Of Bata Speaks On The Firm's Post-COVID Recovery & Much More | CNBC TV18

News Video

CEO Sentimeter | Bata India

News Video

Bata CEO & MD Gunjan Shah Says The Company Is Witnessing Steady Conusmer Demand | CNBC TV18

Buy Bata India; Target Of Rs 2380: ICICI Direct

Buy Bata India: Target Of Rs 2370: Sharekhan

Bata India Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Buy Bata India: Target Of Rs 2370: Sharekhan

These 5 Footwear Stocks Have Sprinted Up To 88% In FY22, Do You Own Any?

News Video

Unlock India: Is Demand For Formal Shoes Back? Vidhya Srinivasan Of Bata India

Sell Bata India, target price Rs 1400: HDFC Securities

Nifty Consumer Durables dips over 750 pts; Bata, Whirlpool, Titan weigh down

News Video

Gunjan Shah Of Bata Speaks On The Firm's Post-COVID Recovery & Much More | CNBC TV18

News Video

CEO Sentimeter | Bata India

News Video

Bata CEO & MD Gunjan Shah Says The Company Is Witnessing Steady Conusmer Demand | CNBC TV18

Buy Bata India; Target Of Rs 2380: ICICI Direct

Buy Bata India: Target Of Rs 2370: Sharekhan

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock