{"id":45951,"date":"2017-12-26T04:22:13","date_gmt":"2017-12-26T04:22:13","guid":{"rendered":"http:\/\/www.bnreport.com\/buy-bata-india-target-rs-820-vikas-jain\/"},"modified":"2017-12-26T04:22:14","modified_gmt":"2017-12-26T04:22:14","slug":"buy-bata-india-target-rs-820-vikas-jain","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/buy-bata-india-target-rs-820-vikas-jain\/","title":{"rendered":"Buy Bata India, target Rs 820: Vikas Jain"},"content":{"rendered":"

Vikas Jain<\/a> of Reliance Securities<\/a> has a buy call on Bata India with a target price of Rs 820. <\/p>\n

The current market price of Bata India is Rs 750.50. <\/p>\n

Time period given by the analyst is one month when Bata India price can reach defined target. <\/p>\n

Vikas Jain recommended to keep a stop loss at Rs 710. <\/p>\n

In a report, the analyst said, "The stock remained in pressure post a break-down from rising wedge, where its long-term moving averages (100-day EMA and SMA) worked as key reversal points. Later, the stock had formed strong base around that
moving average and thereafter given a trend line break-out. Major technical indicators are firm and sectoral outlook is also positive." <\/p>\n

Bata India, incorporated in the year 1931, is a Mid Cap company (having a market cap of Rs 9,645.99 Crore) operating in Leather sector. <\/p>\n

The company's top management includes Mr.Akshay Chudasama, Mr.Christopher Kirk, Mr.Rajeev Gopalakrishnan, Mr.Ram Kumar Gupta, Mr.Ravi Dhariwal, Mr.Sandeep Kataria, Mr.Shaibal Sinha, Mr.Uday Khanna, Ms.Anjali Bansal. <\/p>\n

Company has S R Batliboi & Co. LLP as its auditors. <\/p>\n

As on 30-09-2017, the company has a total of 128,527,540 shares outstanding. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

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ET Markets<\/a><\/h5>\n

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The post Buy Bata India, target Rs 820: Vikas Jain<\/a> appeared first on News Wire Now<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Vikas Jain of Reliance Securities has a buy call on Bata Ind..<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-45951","post","type-post","status-publish","format-standard","hentry","category-finance"],"yoast_head":"\nBuy Bata India, target Rs 820: Vikas Jain - Business News Report<\/title>\n<meta name=\"description\" content=\"Vikas Jain of Reliance Securities has a buy call on Bata Ind..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/buy-bata-india-target-rs-820-vikas-jain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buy Bata India, target Rs 820: Vikas Jain - Business News Report\" \/>\n<meta property=\"og:description\" content=\"Vikas Jain of Reliance Securities has a buy call on Bata Ind..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/buy-bata-india-target-rs-820-vikas-jain\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-26T04:22:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-12-26T04:22:14+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/60278104.cms_-223.jpg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/buy-bata-india-target-rs-820-vikas-jain\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/buy-bata-india-target-rs-820-vikas-jain\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Buy Bata India, target Rs 820: Vikas Jain\",\"datePublished\":\"2017-12-26T04:22:13+00:00\",\"dateModified\":\"2017-12-26T04:22:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/buy-bata-india-target-rs-820-vikas-jain\\\/\"},\"wordCount\":225,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/buy-bata-india-target-rs-820-vikas-jain\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2017\\\/12\\\/60278104.cms_-223.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/buy-bata-india-target-rs-820-vikas-jain\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/buy-bata-india-target-rs-820-vikas-jain\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/buy-bata-india-target-rs-820-vikas-jain\\\/\",\"name\":\"Buy Bata India, target Rs 820: Vikas Jain - 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