Bata India gains after fixing record date for stock split

Bata India rose 0.87% to Rs 1,117.20 at 9:21 IST on BSE after the company fixed 8 October 2015 as the record date for 2-for-1 stock split.

Bata India announced the record date for stock split after market hours yesterday, 23 September 2015.

Meanwhile, the S&P BSE Sensex was down 66.26 points or 0.26% at 25,756.73

On BSE, so far 832 shares were traded in the counter as against average daily volume of 20,262 shares in the past one quarter.

The stock hit a high of Rs 1,124.65 and a low of Rs 1,107.60 so far during the day. The stock had hit a record high of Rs 1,495 on 22 January 2015. The stock had hit a 52-week low of Rs 942.20 on 9 June 2015.

The mid-cap company has equity capital of Rs 64.26 crore. Face value per share is Rs 10.

Bata India's net profit rose 55.3% to Rs 92.20 crore on 15.4% growth in total income to Rs 727.80 crore in Q1 June 2015 over Q1 June 2014.

Bata India is a retailer and leading manufacturer of footwear in India.

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