Bata India Limited
Mirae Asset Mutual Fund decreased its stake in Bata India from 9.91% to 9.69%, selling 284,670 shares. The value of the sold shares is approximately ₹19.54 Cr, calculated at the current share price of ₹686.25.
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.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.