Page 4 - Bata India

Bata puts its best foot forward for brand image and product makeover

Bata India CEO believes that the company's focus on the millennial consumer has helped

Bata India, Info Edge, Linde India, Torrent Pharma hit new highs

Linde India up 10% to Rs 759, surging 56% since November 7, after the promoter BOC Group has offered to take full ownership of the company and delist the firm from the country bourses.

GST cut, new launches, revamped products to fuel Bata's revenue growth

The gains will not only come from the GST cut but also from the company's efforts to add new and revamped products, which would aid overall top line growth

Bata India hits new high in weak market; surges 52% in 2018

The stock hit a new high of Rs 1,135, up 3% on the BSE in intra-day trade on Friday in otherwise weak market, surpassing its previous high of Rs 1,128 recorded on Wednesday.

Bata India plans to invest Rs 1 billion in expanding, upgrading stores

In 2017-18, Bata India added over 100 new retail stores, 31 franchise stores and renovated more than 90 stores across India

Bata India to add 150 retail, franchise stores in 2018, launch new products

In order to expand its presence in the e-commerce space, the company also listed its products on high traffic-generating websites

Bata India nears record high; stock up 5%

The stock rallied 5% to Rs 817, trading close to its record high of Rs 833 touched on November 1, 2017 in intra-day trade

Q4 results: Market share concern weighs on Bata India; stock falls

Store-level inventory management issues benefiting peers but firm's profitability expected to keep improving

Bata India stock rally has more legs; keeps analysts outlook positive

Revival in revenue growth, margin expansion keeping analysts positive

Sebi asks Bata India to probe suspected earnings leak on WhatsApp

The Securities and Exchange Board of India (Sebi) asked Bata India to probe the leak of its December 2015 quarter earnings on social media platform WhatsApp. A preliminary examination by Sebi showed the financial numbers, including sales and profits, circulated through WhatsApp posts closely matched the actual results.Sebi has directed Bata to "conduct an internal inquiry into the leakage of unpublished price-sensitive information (UPSI) relating to its financial results and take appropriate action against those responsible". It has given three months to the footwear maker for completing the probe.Sebi has also the company to strengthen its processes, systems and controls to ensure "such instances of leakage of UPSI do not recur in future".In its reply to Sebi, Bata India had submitted it had "received confirmation" from employees and auditors involved result finalization process that "they did not discuss" the results with any person outside the company."Sebi in the recent past has .

Better operational show, margin gains ahead for Bata

The Bata stock is down four per cent over two days after the company posted lower-than-expected revenues in the September quarter. While the coming quarters are expected to be better, the high valuations has meant that many brokerages are cautious about buying the stock at current prices.The company's top line performance registered a muted 0.5 per cent growth to Rs 589 crore in the September quarter, versus expectations of Rs 630 crore. On a sequential basis, revenues fell by over 20 per cent. The fall in top-line was on account of lower sales (down 12 per cent) to the wholesale channel due to the goods and services tax (GST). The management, however expects sales to recover with overall same store sales growth pegged at about 6 per cent.While revenues were sub-par, operating performance came in better than estimates. The operating profit increased by 13 per cent year-on-year to Rs 64.5 crore, with operating profit margin improving by 120 basis points to 11 per cent on the back of ...

Bata India hits 52-week high on healthy Q1 results

The stock hit a 52-week high of Rs 611, up 5% on BSE in early morning trade

Bata board to decide over land in closed Faridabad unit

The company has to shed Rs 21.6 crore as compensation to workers

Bata India eyes 35% revenue contribution from women's footwear

Bata India, which has been lagging behind the unorganised shoemakers in terms of women's footwear, is eying to achieve a revenue contribution of 35 per cent from its range of women's footwear from the current contribution of 26 per cent."In the organised footwear segment globally, women's category dominates the portfolio of any company, but it's not the same for us in India. Revenue contribution from sales of women's footwear is just 26 per cent and we are trying to increase it to 35 per cent", the company's chairman, Uday Khanna said here on the sidelines of the company's annual general meeting.The men's footwear category contributed 50 per cent of the company's Rs. 2544 crore topline, while childern's footwear contributed 15 per cent and accessories accounted for an estimated Rs. 127 crore (five per cent) revenue.The company, besides introducing more designs and in-shop experience to attract sales of women's footwear, is also betting on an aggressive advertising campaign to push up .

Bata to focus on small markets, to increase e-commerce presence

The footwear major plans to add 100 new retail stores, 50 new franchise stores in FY18

Bata pitches a new image, runs into a sticky spot

The footwear brand runs into controversy over its new campaign. Will this help or dent its image?

Bata fights to stay young and relevant

The Swiss shoemaker focuses on new designs & expands its line-up with changing customer preferences

Bata Q2 net down 36.35% at Rs 34.59 crore

Company had posted a net profit of Rs 54.35 crore in the year-ago period

Bata India shifts gears to rural market

Plans to roll out a franchisee model for expanding footprints in tier III and tier IV cities

Ramping up existing biz priority for Bata, not store opening

Bata India would promote expansion of stores in franchisee model which was experimented with 30 stores in some states