BATA INDIA at All Time High; BSE FMCG Index Up 0.8%
March 27, 2019 01:30 PM

BATA INDIA share price has hit an all-time high at Rs 1,384 (up 2.1%).

Meanwhile, the BSE FMCG Index is at 11,713 (up 0.8%).

Among the top gainers in the BSE FMCG Index today are BATA INDIA (up 2.1%) and NESTLE (up 2.7%).

E.I.D. PARRY (down 0.1%) and HATSUN AGRO PROD. (down 0.5%) are among the top losers today.

Over the last one year, BATA INDIA has moved up from Rs 743 to Rs 1,384, registering a gain of Rs 642 (up 86.1%).

The BSE FMCG has moved up from 10,259 to 11,713, registering a gain of 1,454 points (up 14.1%) during the last 12 months.

The top gainers among the BSE FMCG Index stocks during this same period were BALRAMPUR CHINI (up 59.7%), UNITED BREWERIES (up 43.3%) and NESTLE (up 40.6%).

What About the Benchmark Indices?

The BSE Sensex is at 38,476 (up 0.5%). The top gainers among the BSE Sensex stocks today are YES BANK (up 6.0%), INDUSIND BANK (up 4.5%) and SBI (up 2.4%). Other gainers include BAJAJ FINANCE (up 1.7%) and VEDANTA LTD (up 1.6%). The most traded stocks in the BSE Sensex are YES BANK and SBI.

In the meantime, NSE Nifty is at 11,546 (up 0.4%). The top gainers in the NSE Nifty include YES BANK (up 5.9%), INDUSIND BANK (up 4.6%) and INDIABULLS HOU. FIN. (up 3.4%). Other gainers include JSW STEEL (up 2.6%) and SBI (up 2.3%).

Over the last 12 months, the BSE Sensex has moved up from 33,066 to 38,476, registering a gain of 5,410 points (up 16.2%).

BATA INDIA Financial Update...

BATA INDIA net profit stood at Rs 1 billion for the quarter ended December 2018, compared to a profit of Rs 682 million a year ago. Net Sales rose 15.5% to Rs 7.8 billion during the period as against Rs 6.7 billion in October-December 2017.

For the year ended March 2018, BATA INDIA reported 22.1% increase in net profit to Rs 2.2 billion compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 5.5% to Rs 26 billion during FY18.

The current Price to earnings ratio of BATA INDIA, based on rolling 12 month earnings, stands at 60.5x.