Bata India dives after 2.8% promoter stake sale; stock down 8% in a week
Bata India dives after 2.8% promoter stake sale; stock down 8% in a week
On June 1, 2022, BATA (BN) B V, the promoter of Bata India, divested 3.6 million shares or 2.8 per cent stake of the footwear company for nearly Rs 613 crore through open market transactions.