Bata India has been in Trendlyne's top DVM Screeners (subscribers get access as well as alerts) since March. The share price of the stock hit a year high today, even as the company plans additional presence in smaller cities.Â
The company is among the stocks with the highest FII holdings in the Indian market, with 10.4% of stocks with FIIs. It has also seen holdings increasing among institutional and mutual fund players QoQ.Â
The company's strong December performance, where net profits jumped over 51% YoY, is in line with management comments of increasing revenue from more upmarket offerings, helping the firm improve its margins. Management reports two significant factors driving growth - "premiumisation", and growth from tier3 and tier4 cities.
| Ex-Date Dividend | Amount | Dividend Type | Record Date |
|---|---|---|---|
| July 9, 2018 | 4.00 | FINAL | - |
| July 6, 2017 | 3.50 | FINAL | - |
| July 19, 2016 | 3.50 | FINAL | - |
| July 20, 2015 | 6.50 | FINAL | - |
| May 5, 2014 | 6.50 | FINAL | - |
| Ex-Date Dividend | Old FV | New FV | Record Date |
|---|---|---|---|
| Oct. 7, 2015 | 10 | 5 | - |
