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Bata India gains despite reporting 36% fall in Q2 net profit

25 Nov 2016 Evaluate

Bata India is currently trading at Rs. 412.50, up by 8.70 points or 2.15% from its previous closing of Rs. 403.80 on the BSE.

The scrip opened at Rs. 404.20 and has touched a high and low of Rs. 418.35 and Rs. 400.00 respectively. So far 135171 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 613.55 on 01-Aug-2016 and a 52 week low of Rs. 400.00 on 25-Nov-2016.

Last one week high and low of the scrip stood at Rs. 430.00 and Rs. 401.00 respectively. The current market cap of the company is Rs. 5252.28 crore.

The promoters holding in the company stood at 52.96%, while Institutions and Non-Institutions held 27.60% and 19.45% respectively.

Bata India reported 36.36% fall in its net profit at Rs 34.59 crore for the quarter ended September 30, 2016 as compared to Rs 54.36 crore for the same quarter in the previous year. Total income of the company increased by 2.29% at Rs 597.82 crore for the quarter under review as compared Rs 584.45 crore for the corresponding quarter previous year.       

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.

Bata india Share Price

757.05 11.15 (1.49%)
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