Moneycontrol’s Shraddha Sharma does a 3-Point Analysis on what’s the outlook on the company for investors.
Bata India reported a decent performance in Q2, but it remains to be seen how store additions and higher contribution from premium products would work for the company's growth.
While Bata looks to open 150 new outlets in each financial year, it would prioritise open them in tier 2 and 3 cities. Most of these stores would be run by franchise partners.
The company is eyeing the high-value footwear and lifestyle products segment.
Moneycontrol’s Shraddha Sharma does a 3-Point Analysis on what’s the outlook on the company for investors.Watch the video for more.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.