Scrip Name: BATA INDIA
Sector:Consumer- NonDurable
Price range for the past 1 week : 90 - 100
Decent Buy: 90 - 95
Best Buy: 85 -90
Postive Buy:95
Target: 50% appreciation in Medium term(6 Months)
Reasons for Picking this Stock:
Analysis:
Being a stock from Consumer- NonDurable sector,the risk involved is very less.Bull or Bear market,it has always got good Sales.
Strong Brand name in India.BTW India is a huge Market- Excellent Market cap and results.
Consitently Improving Incomes,with reserves of around 170 crores.
Note: There could be numerous stocks which could yield you more than 300 - 400 % returns,but risk level is high.But investing in stock such as BATA is like investing in Fixed deposit.
Mail me for clarifications @ anandfrmindia@gmail.com.
Mobile Number:9840370714
Caution:
Spend 2 or 3 minutes visiting by blog twice a week and Check the performance of stocks, I suggest and decide.
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