Bata India is currently trading at Rs. 532.25, up by 3.60 points or 0.68% from its previous closing of Rs. 528.65 on the BSE.
The scrip opened at Rs. 532.25 and has touched a high and low of Rs. 535.00 and Rs. 530.10 respectively. So far 53,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 615.00 on 06-Aug-2015 and a 52 week low of Rs. 438.05 on 21-Jan-2016.
Last one week high and low of the scrip stood at Rs. 613.55 and Rs. 520.55 respectively. The current market cap of the company is Rs. 6,840.88 crore.
The promoters holding in the company stood at 52.96%, while Institutions and Non-Institutions held 27.77% and 19.27% respectively.
Bata India has lined up capital expenditure of Rs 80-100 crore each for the next 2-3 years which will be utilized towards plant modernization, investing in existing and new stores and other marketing spends. The company is also planning an omni-channel presence with the installation of ‘online kiosks’ in some of the major retail stores. The company has already launched a ‘Click and Collect’ option on the Bata website.
Besides, the company is also taking necessary steps to achieve a better footfall conversion rate at all its retail stores. The company will continue to penetrate into tier 2 and tier 3 cities and other rural areas.
Bata India is the largest retailer and leading manufacturer of footwear in India and is a part of the Bata Shoe Organization. The company manufactures footwear for men, women and children. The company manufactures shoes of various quality such as leather, rubber, canvas and PVC shoes.
| Company Name | CMP |
|---|---|
| Bata india | 757.05 |
| Relaxo Footwears | 309.20 |
| Campus Activewear | 248.00 |
| Liberty Shoes | 269.65 |
| Mirza International | 33.77 |
| View more.. | |
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