New Delhi, Feb. 10 -- Shares of Bata India extended their winning run to a second straight session on Tuesday, February 10, surging another 8.4% to reach a four-week high of Rs.958.55 apiece, which came as a reaction to the company's reported in-line performance in the December quarter.
The footwear major, post market hours on Monday, released its Q3FY26 numbers, reporting a 3% YoY jump in its consolidated revenue from operations to Rs.944 crore, driven by strong festive and wedding season demand, along with a reduction in GST on footwear.
In September last year, the government cut GST on footwear priced below Rs.2,500 to 5% from an earlier 12%. Previously, the 5% GST slab applied only to pairs priced up to Rs.1,000.
On the operating f...
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