|
27 Sep 2025 |
Bata
|
Consensus Share Price Target
|
1168.10 |
1091.06 |
- |
-6.60 |
sell
|
|
|
|
|
15 Feb 2023
|
Bata
|
ICICI Securities Limited
|
1168.10
|
1500.00
|
1501.90
(-22.23%)
|
Target met |
Hold
|
|
|
Bata reported a revenue print of Rs9bn (+7% YoY; below our estimates). Revenue growth of 2.8% on 3-year CAGR basis also appears weak. However, this needs to be seen in the context of rationalisation in COCO store footprint (net closure of ~120 COCO stores between March’20 and March’22).
|
|
06 Dec 2022
|
Bata
|
Geojit BNP Paribas
|
1168.10
|
2155.00
|
1679.05
(-30.43%)
|
|
Buy
|
|
|
|
|
16 Nov 2022
|
Bata
|
ICICI Direct
|
1168.10
|
2065.00
|
1699.35
(-31.26%)
|
|
Buy
|
|
|
|
|
15 Nov 2022
|
Bata
|
Axis Direct
|
1168.10
|
1950.00
|
1704.55
(-31.47%)
|
|
Buy
|
|
|
We remain positive on the stock from a long-term perspective given its immense growth potential. Maintain a BUY with a revised TP of Rs 1,950/share and assign a PE of 43x sept'24E EPS.
|
|
15 Nov 2022
|
Bata
|
Edelweiss
|
1168.10
|
2270.00
|
1699.35
(-31.26%)
|
|
Buy
|
|
|
Steady growth; full volume and margin recovery awaited
|
|
19 Sep 2022
|
Bata
|
Motilal Oswal
|
1168.10
|
1925.00
|
1068.30
(9.34%)
|
Target met |
Neutral
|
|
|
|
|
26 Aug 2022
|
Bata
|
Geojit BNP Paribas
|
1168.10
|
2151.00
|
1870.40
(-37.55%)
|
|
Buy
|
|
|
|
|
19 Aug 2022
|
Bata
|
Axis Direct
|
1168.10
|
2200.00
|
1916.85
(-39.06%)
|
|
Buy
|
|
|
We remain positive on the stock from a long-term perspective given its immense growth potential. Maintain a BUY with an unchanged TP of Rs 2,200/share and assign a PE of 43x FY24E EPS.
|
|
18 Aug 2022
|
Bata
|
Edelweiss
|
1168.10
|
2365.00
|
1916.85
(-39.06%)
|
|
Buy
|
|
|
Steady growth; full volume and margin recovery awaited
|
|
12 Aug 2022
|
Bata
|
ICICI Direct
|
1168.10
|
2225.00
|
1911.70
(-38.90%)
|
|
Buy
|
|
|
|