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Snapping a four-day gaining streak, the BSE benchmark Sensex declined by 51 points in early trade on Friday as funds and retail investors booked profits after recent rally amid a mixed trend in the Asian region.
The 30-share barometer declined by 51.21 points, or 0.26 percent, to 19,355.64, led by the weakness in bank, auto and capital goods stocks. The index had gained almost 676 points in the previous four sessions.
Bata India is currently trading at Rs 719.45, up by 14.70 points or 2.09% from its previous closing of Rs 704.75 on the BSE.
Bata India Showing Profit in first Quarter
The script opened at Rs 706.20 and has touched a high and low of Rs 720.30 and Rs 706.20 respectively. So far 17249 shares were traded on the counter.
The company has reported a rise of 6.86% in its net profit at Rs 38.46 crore for the first quarter ended March 31, 2013 as compared to Rs 35.99 crore for the same quarter in the previous year. Total income of the company has increased by 11.85% at Rs 460.81 crore for quarter under review as compared to Rs 411.97 crore for the quarter ended March 31, 2012.