Canara Robeco Mutual Fund trimmed its stake in Bata India Limited from 1.59% to 1.36%, selling 2,90,857 shares.
A leading footwear manufacturer and retailer in India, Bata operates an extensive network of retail stores and wholesale channels across the country. The company designs, manufactures, and distributes footwear and related accessories for men, women, and children through both company-owned outlets and distribution partnerships. Bata maintains a strong presence in the Indian footwear market by serving diverse customer segments and price points.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.
