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13 Sep 2025 |
Bata
|
Consensus Share Price Target
|
1259.20 |
1091.06 |
- |
-13.35 |
sell
|
|
|
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19 Sep 2022
|
Bata
|
Motilal Oswal
|
1259.20
|
1925.00
|
1068.30
(17.87%)
|
Target met |
Neutral
|
|
|
|
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26 Aug 2022
|
Bata
|
Geojit BNP Paribas
|
1259.20
|
2151.00
|
1870.40
(-32.68%)
|
|
Buy
|
|
|
|
|
19 Aug 2022
|
Bata
|
Axis Direct
|
1259.20
|
2200.00
|
1916.85
(-34.31%)
|
|
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.
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|
18 Aug 2022
|
Bata
|
Edelweiss
|
1259.20
|
2365.00
|
1916.85
(-34.31%)
|
|
Buy
|
|
|
Steady growth; full volume and margin recovery awaited
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|
12 Aug 2022
|
Bata
|
ICICI Direct
|
1259.20
|
2225.00
|
1911.70
(-34.13%)
|
|
Buy
|
|
|
|
|
12 Aug 2022
|
Bata
|
ICICI Securities Limited
|
1259.20
|
2000.00
|
1914.00
(-34.21%)
|
|
Hold
|
|
|
Bata reported in-line revenue print of Rs9.4bn (up 42% on QoQ basis).
|
|
31 May 2022
|
Bata
|
IDBI Capital
|
1259.20
|
2181.00
|
1852.30
(-32.02%)
|
|
Buy
|
|
|
|
|
30 May 2022
|
Bata
|
Axis Direct
|
1259.20
|
2200.00
|
1884.25
(-33.17%)
|
|
Buy
|
|
|
We remain positive on the stock from a long-term perspective given its immense growth potential. Maintain BUY with revised TP of Rs 2,200/share and assign a PE of 43x FY24E EPS.
|
|
29 May 2022
|
Bata
|
Edelweiss
|
1259.20
|
2365.00
|
1802.50
(-30.14%)
|
|
Buy
|
|
|
Volume growth slow; margins improve
|
|
23 Feb 2022
|
Bata
|
Geojit BNP Paribas
|
1259.20
|
2135.00
|
1823.70
(-30.95%)
|
|
Accumulate
|
|
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Q3FY22 revenue grew by 37% YoY (+37%QoQ) on a low base (de-growth of 26% in Q3FY21). With the re-opening of markets we expect the volumes to pick up going forward. Topline has crossed pre-covid level sales for the first time. The distribution reach has now crossed 1,000+ towns in Dec 2021 Vs 892 in 2020. To reach smaller towns, the company opens new stores via franchise route and ensures availability in multi-brand outlets via distribution channels. The total franchisee reached 284 (200+ towns covered) Vs 250 in Q2FY22 and targets to open 500 in smaller towns by 2023. The company had introduced other channels like Bata Chatshop, Bata Store on Wheels...
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