Bata India
Industry Retail
Code NSE: BATAINDIA | BSE: 500043
Market Cap ₹ 15,304 Cr (USD 2 Bn)
1-year Return -14%
CMP First Reached Feb 2019
Date Added 7th April 2020
CM Framework Reasonably Valued Core
CMP ₹ 1,191
Recommendation Buy
Why we like this stock:
Robust Sales and Profit growth over the last five years Has managed to increase volumes and Average Selling Price in tandem Healthy Return on Capital, No debt and consistent promoter holding at 53% Crude Oil Price drop should help marginsWhat could go wrong . . .