Page 8 - Bata India News Today

Bata India Q3 FY24 Results Live: Revenue Increased by 0.36% YoY & Profit Decreased by 30.31% YoY

The Street has an action-packed day on Thursday with the release of Union Budget 2024 and earnings announcements from 86 BSE listed companies for the December quarter. Notable companies to watch among the Nifty companies are Adani Enterprises, Adani Ports & Special Economic Zone, and Titan Company. Other important results include Abbott India, Aether, Bata India, Castrol India, Deepak Fertilizers and Petrochemicals Corporation, GMM PFaudler, India Cements, Jyothy Labs, Jupiter Wagons, Dr Lal...

Footwear maker Bata India reported a third consecutive drop in its quarterly profit on Thursday, dragged by sluggish demand and higher expenses....

​The company in a statement attributed the decline in net margin to significant investments made in brand and technology during the quarter

Bata India achieved significant network expansion with 54 new stores, combining Franchise and COCO expansion.

Based on the OI percentage, 84 stocks were on the short-covering list. This included Exide Industries, M&M Financial Services, Federal Bank, Punjab National Bank, and AU Small Finance Bank.

The footwear retailers inventory-related costs – which account for about 60 per cent of its total costs since it does not manufacture its own products – have been steadily increasing for most of the year, , Metro Brands

The Punch.ev Long Range (LR) is available with the option of a 3.3kW and a 7.2 kW AC fast charger that can be installed either at home or at the workplace

The brokerage also pointed out that in the market dynamics of the period, notable category shifts occurred, with 8 Midcaps transitioning to Largecaps and 12 Smallcaps advancing to the Midcap category.

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.