{"id":107452,"date":"2023-08-18T14:34:11","date_gmt":"2023-08-18T09:04:11","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=107452"},"modified":"2023-08-18T14:34:13","modified_gmt":"2023-08-18T09:04:13","slug":"midcap-stock-jumps-up-to-7-5-in-just-2-days-after-it-ties-up-with-adidas","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/midcap-stock-jumps-up-to-7-5-in-just-2-days-after-it-ties-up-with-adidas\/","title":{"rendered":"Midcap stock jumps up to 7.5% in just 2 days after it ties up with Adidas"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2426334685\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The talks between the two companies are at its final course. They are very close to signing the deal and its stock price has already spoken.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2070729954\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Opened at Rs. 1,745.95 on Friday, <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/BATAINDIA\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Bata India Limited<\/a><\/strong> share prices have seen a strong momentum today. The stock price went up to 7.5% as Rs. 1,763 the last day reaching its intra- day high.<\/p><p>The share prices of Bata India increased after talks about a well thought partnership with footwear co-operation Adidas for the domestic market. This news came after Bata had started trails for its shoe apparels.<\/p><p>Bata India has positive results for the quarter and has increased revenue and net profits since the last quarter. For Q1FY23, Bata saw an increase of 23.06% in its net revenue of Rs. 958.15 crores against Rs. 778.59 crores in the last quarter. Its net profit escalated 64.5% to Rs. 107.84 crores in Q1FY23 from the last quarter which was Rs. 65.56 crores. The promoters of Bata own up to 50.16% of the shares leaving another 49.84% for the public.<\/p><div class=\"trade-content_5\" id=\"trade-40949740\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Bata is a footwear manufacturing company headquartered in Switzerland. In India, Bata has more than 2,000 stores in around 700 cities. Started in 1931, Bata India is known closely in the country. Through its presence in the global market, Bata is doing quite well in the shoe apparel industry for years now. After its tie up with Adidas, a lot can be expected starting from the changes in stock prices in the share market to new sport shoe apparels.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Bhumika Khandelwal<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" style=\"object-fit:cover;width:256px;height:256px\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3672395734\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The talks between the two companies are at its final course. They are very close to signing the deal and its stock price has already spoken. Opened at Rs. 1,745.95 on Friday, Bata India Limited share prices have seen a strong momentum today. The stock price went up to 7.5% as Rs. 1,763 the last [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":81074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[11069,11068,948,936,11070],"class_list":["post-107452","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-bata-india-latest-news","tag-bata-india-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-bata-india-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Midcap stock jumps up to 7.5% in just 2 days after it ties up with Adidas - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The talks between the two companies are at its final course. 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