Widely read:
As part of our Wealth Creator Series , today we look at Bata India. This is one of the 39 stocks that were short-listed that passed through our stringent stock screen filters.
Over the past five years, Bata India has completely repositioned itself by opening large format stores, renovating the existing ones and closing down which were small and unviable. The company has decided to move up the value chain and give priority to premium products in each category than focus on volume growth. Concern: Its aggressive plans exert pressure on working capital and free cash flows.
To read about how we arrived at the list click here. To read about stocks from the Wealth Creator List, click here.
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