Today, we’re going on a journey to explore the estimated Bata India Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected Bata India Share Price Target.
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Bata India Share price target for 2023, 2025, 2030 to 2050. Additionally, we will also take into account analyst recommendations from various brokerage firms, including target high price, target low price, mean recommendation, and key recommendation.
Overview of Bata India
| Name | Bata India Limited |
| Symbol | BATAINDIA |
| Industry | Footwear |
| Type | Public |
| Founded | 1931 |
| CEO | Sandeep Kataria |
| Headquarters | Gurugram, India |
| Country | India |
| Locations | Over 1,500 stores across India |
| Website | bata.in |
| Profile | Bata India |
Keep an eye on Bata India’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Bata India’s share price.
Fundamentals of Bata India
The fundamental analysis of Bata India Limited focuses on key factors to better understand the company’s valuation. Various valuation techniques have been used, including the Price-to-Earnings Ratio (P/E), Price-to-Sales Ratio (P/S), Price-to-Book Value Ratio (P/B), Dividend Yield, and other Details.
Bata India Limited is a subsidiary of the Bata Shoe Organization. It is one of the leading footwear and accessories retail companies in India. The company was founded in 1931 and is headquartered in Gurugram, India. Bata India operates over 1,500 stores across India and offers a wide range of footwear and accessories for men, women, and children.
Bata India has a diverse product portfolio that includes shoes, sandals, boots, slippers, and accessories such as bags, belts, and wallets. The company has a strong presence in both urban and rural areas of India, with a focus on expanding its reach in tier 3-5 towns. Bata India has a mix of company-owned and franchise stores, with a majority of its stores being company-owned.
Brokerage Firms
An effective method for evaluating the Bata India share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 10 AUG 2023 | ICICI Securities Limited | 1650.00 | Hold |
| 01 JUN 2023 | Geojit BNP Paribas | 1826.00 | Buy |
| 22 MAY 2023 | IDBI Capital | 1768.00 | Buy |
| 22 MAY 2023 | Axis Direct | 1750.00 | Buy |
| 20 MAY 2023 | HDFC Securities | 1550.00 | Accum. |
| 19 MAY 2023 | ICICI Securities Limited | 1500.00 | Hold |
| 31 MAR 2023 | Geojit BNP Paribas | 1620.00 | Accum. |
| 16 FEB 2023 | HDFC Securities | 1450.00 | Sell |
| 16 FEB 2023 | ICICI Direct | 1640.00 | Hold |
| 16 FEB 2023 | Axis Direct | 1650.00 | Buy |
| 15 FEB 2023 | ICICI Securities Limited | 1500.00 | Hold |
Our Recommendation
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We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Bata India price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
The minimum target of ₹1500 is based on the current revenue growth rate of 2% YoY, which is unexciting. The company’s revenue growth rate may remain at this level due to various factors such as intense competition, economic slowdown, and changing consumer preferences. The maximum target of ₹1800 is based on the company’s focus on premiumization and improving brand perception, which could lead to better revenue growth in the future. The company’s focus on expanding distribution and reach in tier 3-5 towns and capturing semi-urban/rural demand through franchisee stores is also positive.
The minimum target of ₹1600 is based on the assumption that the company’s revenue growth rate will remain at 2% YoY. The maximum target of ₹2000 is based on the company’s focus on premiumization and improving brand perception, which could lead to better revenue growth in the future. The company’s focus on ramping up omnichannel capabilities and increasing distribution and reach in tier 3-5 towns is also positive.
The minimum target of ₹1700 is based on the assumption that the company’s revenue growth rate will remain at 2% YoY. The maximum target of ₹2200 is based on the company’s focus on premiumization and improving brand perception, which could lead to better revenue growth in the future. The company’s focus on expanding its product portfolio and increasing its presence in the online space is also positive.
The minimum target of ₹1900 is based on the assumption that the company’s revenue growth rate will remain at 2% YoY. The maximum target of ₹2600 is based on the company’s focus on premiumization and improving brand perception, which could lead to better revenue growth in the future. The company’s focus on expanding its product portfolio and increasing its presence in the online space is also positive.
The minimum target of ₹2200 is based on the assumption that the company’s revenue growth rate will remain at 2% YoY. The maximum target of ₹3200 is based on the company’s focus on premiumization and improving brand perception, which could lead to better revenue growth in the future. The company’s focus on expanding its presence in tier 3-5 towns and increasing its franchise and SIS stores is also positive.
The minimum target of ₹5000 is based on the assumption that the company’s revenue growth rate will remain at 2% YoY. The maximum target of ₹7500 is based on the company’s focus on premiumization and improving brand perception, which could lead to better revenue growth in the future. The company’s focus on expanding its product portfolio and increasing its presence in the online space is also positive.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2023 | ₹1500 | ₹1800 |
| 2024 | ₹1600 | ₹2000 |
| 2025 | ₹1700 | ₹2200 |
| 2026 | ₹1800 | ₹2400 |
| 2027 | ₹1900 | ₹2600 |
| 2030 | ₹2200 | ₹3200 |
| 2035 | ₹2800 | ₹4200 |
| 2040 | ₹3500 | ₹5000 |
| 2050 | ₹5000 | ₹7500 |
– According to Google historical data, the price of Bata India on 1 Jan 1999 was ₹87.
– As of 10 August 2023, the current share price of Bata India is ₹1,644.40 Check out today’s current share price.
– Based on our analysis, the maximum share price target for Bata India in 2023 could be ₹1800.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– That these Share Price Targets for “Bata India Share Price Target” is only provided for informational purposes only. It does not constitute a recommendation to buy, sell or hold Bata India stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
