Investors are waiting for Bata India to sweep them off their feet
2023-02-15
Footwear maker Bata India Ltd’s shares touched a new 52-week low on Wednesday. Not without reason. December quarter (Q3FY23) results show that recovery compared to the pre-covid levels has been underwhelming. On a three-year compound annual growth rate basis, Bata’s revenue rose by a mere 2.8% in Q3. Year-on-year (y-o-y),Read More →