Footwear company Bata India shares jumped 5.46% on Thursday after CNBC-TV18 reported citing sources that the company has entered into talks with Adidas for a tie-up for the Indian market. The stock is still far below its 52-week high of ₹1,989, it hit on August 17, 2022. At 2:26 pm, Bata India's shares were trading 6.02% higher on BSE.