Bata India trades higher on the BSE
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Bata India is currently trading at Rs. 1540.35, up by 11.00 points or 0.72% from its previous closing of Rs. 1529.35 on the BSE.
The scrip opened at Rs. 1524.45 and has touched a high and low of Rs. 1541.35 and Rs. 1515.05 respectively. So far 3034 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1770.10 on 07-Aug-2023 and a 52 week low of Rs. 1269.00 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 1553.00 and Rs. 1513.35 respectively. The current market cap of the company is Rs. 19561.25 crore.
The promoters holding in the company stood at 50.16%, while Institutions and Non-Institutions held 36.55% and 13.29% respectively.
Bata India is aiming to expand its footprint and increase same-store sales growth by prioritising its top six brands. It also aims to expand the presence of its successful Floatz brand across more stores with a fresh range, while also leveraging the momentum from the successful launch of its Power apparel.
The company's retail network now spans over 1,850 stores, including over 500 franchise stores, 650 plus sneaker studios, and over 125 Hush Puppies stores. Its distribution network has also expanded to over 1,500 towns, and with technology in-store availability increasing to 72 per cent.
Bata India is the largest retailer and leading manufacturer of footwear in India and is a part of the Bata Shoe Organization.
