Bata Ind - Festive Shift Impacted Growth; Maintain HOLD
The premium portfolio continues to remain strong, which was mainly led by Floatz, followed by Sneakers and Comfit. Hush Puppies’ performance...
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Bata India - Can Bata Fix Its Volume Problem? Maintain REDUCE
Bata’s premiumisation-volume trade-off strategy proved suboptimal vis-a-vis peers over FY15-23 (lost 10pp+ market share over FY15-23, ~13/16% FY23...
514 Views
Bata India - Subdued Performance; Downgrade to HOLD
Revenue grew by 2% YoY (2% on a 4-Year CAGR) and volume growth of 1-2% impacted owing to weak demand environment and lesser wedding occasions.
151 Views
Festive temperature check: Festive mood sombre
We recently interacted with numerous store managers and companies to assess the festive performance and demand in discretionary categories
449 Views
HSIE Results Daily: ONGC, Eicher Motors, Trent, Berger Paints, BSE,
We maintain our ADD rating on ONGC with a target price of INR 208, based on oil and gas production growth at 6/9% CAGR over FY24-26E, attractive...
278 Views