Analyst at Choice Broking cautions against bottom-fishing, and instead recommend a wait & watch approach for a potential trend reversal.
Bata India shares fell 6 per cent after its second-quarter of the current financial year earnings missed the street's expectations
Footwear maker Bata India Ltd on Monday reported a 73.26 per cent decline in consolidated net profit to Rs 13.9 crore in the second quarter ended September 30, 2025, impacted by lower revenue and higher expenses. The company had posted a consolidated net profit of Rs 51.98 crore in the corresponding period last fiscal, Bata India Ltd said in a regulatory filing. Consolidated revenue from operations in the second quarter stood at Rs 801.33 crore as compared to Rs 837.14 crore in the year-ago period, it added. Its total expenses in the second quarter were higher at Rs 795.2 crore against Rs 785.09 crore in the year-ago period.
The breadth and depth of the new rate cuts, analysts at Bernstein said, especially in the fast-moving consumer goods (FMCG) categories saw rate reductions well beyond what they thought was possible
Bata India, Trent, Colgate stocks are seen nearing the long-term 200-DMA after a gap of up to 9 months; tech charts suggest these 3 stocks can potentially gain up to 12% from here.
The GST council in its meeting approved the proposal that footwear items up to ₹2,500 will be taxed at 5% while above ₹2,500 shall be taxed at 18%.
Any disappointment on the rate front, analysts believe, could trigger a knee jerk correction fall in the stocks and sectors that have seen a good run in the last few weeks
Footwear stocks are under pressure as companies reported disappointing earnings for the quarter ended June 2025
Bata India stock falls post Q1 results: Consumption momentum remained sluggish during Q1FY26 and was also impacted by fluctuating weather patterns and geopolitical uncertainties.
Footwear maker Bata India Ltd on Monday reported a 70 per cent decline in consolidated net profit to Rs 52 crore in the first quarter ended June 30, 2025, impacted by higher expenses amid sluggish consumption momentum and a high base effect. The company had posted a consolidated net profit of Rs 174 crore in the corresponding quarter last fiscal, Bata India said in a regulatory filing. Consolidated revenue from operations in the first quarter stood at Rs 941.85 crore against Rs 944.63 crore in the year-ago period, it added. Bata India said during the quarter ended June 30, 2024, and year ended March 31, 2025, the board of directors of the holding company approved the sale of a freehold industrial land to an unrelated party for a consideration of Rs 156 crore. The sale deed has been executed and the total consideration has also been received on the same date. There is a gain on sale of the aforesaid land (net of related expenses) of Rs 133.95 crore, which has been disclosed as an ..
Q1 FY26 company results: Awfis Space Solutions, Bajaj Consumer Care, Bata India, Brigade Hotel, and Titagarh Rail Systems are also to release their April-June quarter earnings reports today