BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Nirmal Bang Securities maintains accumulate on Bata India
Sales momentum is unlikely to revive sharply soon as demand outlook is weak and competition is intense. However, ERP implementation and rising staff efficiency will yield benefits.