|
14 Jul 2025 |
Bata
|
Consensus Share Price Target
|
1235.60 |
1235.84 |
- |
0.02 |
sell
|
|
|
|
|
16 Feb 2023
|
Bata
|
ICICI Direct
|
1235.60
|
1640.00
|
1450.05
(-14.79%)
|
Target met |
Hold
|
|
|
|
|
15 Feb 2023
|
Bata
|
ICICI Securities Limited
|
1235.60
|
1500.00
|
1501.90
(-17.73%)
|
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).
|
|
15 Feb 2023
|
Bata
|
Motilal Oswal
|
1235.60
|
1690.00
|
1475.50
(-16.26%)
|
Target met |
Neutral
|
|
|
|
|
15 Feb 2023
|
Bata
|
Sharekhan
|
1235.60
|
1775.00
|
1416.05
(-12.74%)
|
|
Buy
|
|
|
|
|
06 Dec 2022
|
Bata
|
Geojit BNP Paribas
|
1235.60
|
2155.00
|
1679.05
(-26.41%)
|
|
Buy
|
|
|
|
|
16 Nov 2022
|
Bata
|
ICICI Direct
|
1235.60
|
2065.00
|
1699.35
(-27.29%)
|
|
Buy
|
|
|
|
|
15 Nov 2022
|
Bata
|
Axis Direct
|
1235.60
|
1950.00
|
1704.55
(-27.51%)
|
|
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
|
1235.60
|
2270.00
|
1699.35
(-27.29%)
|
|
Buy
|
|
|
Steady growth; full volume and margin recovery awaited
|
|
19 Sep 2022
|
Bata
|
Motilal Oswal
|
1235.60
|
1925.00
|
1068.30
(15.66%)
|
Target met |
Neutral
|
|
|
|
|
26 Aug 2022
|
Bata
|
Geojit BNP Paribas
|
1235.60
|
2151.00
|
1870.40
(-33.94%)
|
|
Buy
|
|
|
|