Bata India rallies 2.3% despite of Q2 net profit fall

India Infoline News Service | Mumbai | November 25, 2016 16:52 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 ended at Rs 413.25, up by Rs 9.45 or 2.34% from its previous closing of Rs 403.8 on the BSE.

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.

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.

The scrip opened at Rs 404.2 and touched a high and low of Rs 418.35 and Rs 400 respectively. A total of 1238399 (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 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 traded below its 200 DMA.

***Note: This is a NSE Chart

 

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