Bata India Q2 FY17 PAT down 35% at Rs 35 crore

India Infoline News Service | Mumbai | November 25, 2016 14:48 IST

The total income of the company has increased from Rs 584 crore for the quarter ended September 30, 2015 to Rs 598 crore for the quarter ended September 30, 2016.

Bata India Ltd has announced the following Unaudited Standalone results for the quarter ended September 30, 2016:

The company has posted a net profit of Rs 35 crore for the quarter ended September 30, 2016 as compared to Rs 54 crore for the quarter ended September 30, 2015.

Total Income has increased from Rs 584 crore for the quarter ended September 30, 2015 to Rs 598 crore for the quarter ended September 30, 2016.

Stock Commentary:

Bata India Ltd is currently trading at Rs 412.5, up by Rs 8.7 or 2.15% from its previous closing of Rs 403.8 on the BSE.

The scrip opened at Rs 404.2 and has touched a high and low of Rs 418.35 and Rs 400 respectively. So far 1013605 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 5189.94 crore.

The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 613.55 on 01-Aug-2016 and a 52 week low of Rs 401 on 24-Nov-2016. Last one week high and low of the scrip stood at Rs 430 and Rs 401 respectively.

The promoters holding in the company stood at 52.96 % while Institutions and Non-Institutions held 27.6 % and 19.45 % respectively.

The stock is currently trading below its 200 DMA.

***Note: This is a NSE Chart

 

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