Wipro, Cyient, Hexaware Technologies, KPIT Technologies and L&T Technology Services from the IT sector and Info Edge (India) and C.E. Info Systems from the IT-related sector hit 52-week lows on Monday
In the December quarter, Bata India Ltd reported a 12.61 per cent rise in consolidated net profit to ₹66.1 crore, compared to ₹58.7 crore a year ago
Leading shoemaker Bata India Ltd on Monday reported a 12.61 per cent rise in consolidated net profit to Rs 66.1 crore in the December quarter of FY'26 compared to the year-ago period. It had posted a net profit of Rs 58.7 crore in the previous October-December a year ago, according to a regulatory filing from Bata India. Bata's revenue from operations was up 2.81 per cent to Rs 944.68 crore during the quarter under review compared to Rs 918.79 crore in the corresponding quarter a year ago. Its total expenses in the December quarter were at Rs 868.92 crore, up 3.3 per cent on a year-on-year basis. Bata India's total income, which includes other income, was up 3.93 per cent to Rs 965.72 crore. Shares of Bata India Ltd on Monday settled at Rs 884.35 apiece on BSE, up 4.27 per cent.
Metro Brands reported 15 per cent revenue growth in Q3FY26, driven by strong festive and wedding season demand, supported by a reduction in GST on footwear priced below ₹2,500.
Thus far in the month of January 2026, the Smallcap index has underperformed the market by falling 6.3 per cent, as compared to 2.8 per cent decline in the BSE Sensex.
Bata India plans to scale up to 3,000 stores, deepen omnichannel play and drive product-led growth as casual and premium footwear demand reshapes the market
Stocks to Watch today, January 9, 2026: Eternal, Tata Motors CV, Bajaj Finserv are among key stocks that will be on investors' radar today
Bata India Ltd on Thursday said its board has approved the introduction of a Voluntary Retirement Scheme (VRS) for all eligible workers at the Bata Shatak manufacturing unit in Hosur in Tamil Nadu, as part of its ongoing operational restructuring. In a regulatory filing, the footwear major said the VRS is expected to be "mutually beneficial" for both employees and the company. The status of implementation and the financial impact of the scheme will be assessed and disclosed later in line with its materiality policy. Bata India has been consolidating its manufacturing footprint over the years amid cost pressures and changing market dynamics. The company had earlier implemented VRS at multiple units, leading to closures. Its Faridabad unit in Haryana was shut in 2016 after all workmen opted for VRS, while a unit in Karnataka was closed following a VRS implemented in the past. With the proposed VRS at Hosur, Bata India continues to rationalise its factory operations, even as it retain
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