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Bata India jumps 16.6% after ex-Nike exec Sanjay Rao named CEO

Mumbai, June 18, 2026, 15:39 (IST) Bata India jumped almost 17% Thursday after the company said Sanjay Rao, who used to run Nike’s retail business, will take over as CEO. Shares were among the top performers on the National Stock Exchange in the afternoon. (Moneycontrol) Bata India is in the spotlight after wrapping up a tough financial year. The company posted a March-quarter net profit of ₹2.21 crore, down from the previous period, while revenue gained 5%. Margin recovery and consistent growth are now key issues. (Business Standard) Rao is set to take over as chief executive and whole-time director

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