Wednesday, November 18, 2020

BATAINDIA | Stock to Buy | Potential Price Outlook

 

BATA INDIA

Stock/Share Price: 1376


➽ In this article we will discuss recent development in the StockShare of BATAINDIA in the Stock Market

Recent Key Strengths

Company with No Debt

Strong cash generating ability from core business 

 Improving Cash Flow from operation for last 2 years

Book Value per share Improving for last 2 years

Company with Zero Promoter Pledge

Strong Momentum: Price above short, medium and long term moving averages



Recent Weaknesses

Degrowth in Revenue and Profit

Decline in Quarterly Net Profit with falling Profit Margin (YoY)

Declining Net Cash Flow : Companies not able to generate net cash

Major fall in TTM Net Profit

Fall in Quarterly Revenue and Net Profit (YoY)



Technical Chart 


BATAINDIA after correction and consolidation started a fresh upside trend. Long position can be made in every correction for he upside level of 1494 in short term. 


Recent Valuation Summary


Recent Financial Summary



Key Balance Sheet Summary



Thanks for your Precious Time.


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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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