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Disclosure– Investments in securities market are subject to market risks, read all the related documents carefully before investing.Bata India is currently in a strong downtrend, trading below all major moving averages including 5-day, 20-day, 50-day, 100-day, and 200-day with RSI around 38 indicating oversold conditions. The stock recently touched a new 52-week low near ₹1018, driven by declining sales and a 73% drop in profit after tax, alongside a high debt-equity ratio of 2.94 times. Despite challenges, the company’s high return on capital employed (ROCE) at 15.35% shows operational efficiency. Immediate support is near ₹1,043 and resistance at ₹1,081 levels.