Bata India positive about growth outlook amid short-term headwinds
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Stay updated with breaking news from Bata India. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Option data shows 19,500 remains the biggest hurdle for Nifty for now.
A short build-up was seen in 61 stocks, including HDFC Bank, LTIMindtree, L&T Technology Services, Bata India and Gujarat Gas. An increase in OI along with a price fall indicates a build-up of short positions.
A short build-up was seen in 74 stocks including Eicher Motors, Bata India, Atul, Aarti Industries and Info Edge India, based on the OI percentage.
The Indian automobile company has attributed the price increase to the residual impact of the past input costs