Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
973.55
Change Change %
-13.85 -1.40%

Updated:21 Sep, 2018, 15:54 PM IST

BSE
974.10
Change Change %
-12.60 -1.28%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
01-12-2015 Sell 485.00 425.00
N/A
Target Hit Custom
01-12-2016

Nomura downgrades Bata India to reduce

Target price reduced to Rs 425 from Rs 660 earlier. With the onset of increased competition especially in the e-commerce space and continued weakness in demand, we believe near-term earnings for Bata are at risk. Nomura's FY 16 earnings per share estimates for Bata India are 6 per cent below consensus.

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