Bangalore: Bangalore: Bata ended the day among top gainers with a gain of 10.5 percent. After opening the day at 258.00, the stock touched its day's high of 283.00, before ending the day at 253.90. Throughout the day, 1487344 million shares of Bata India were traded in the market with the current P/E ratio of 25.32. Bata India is an India-based Company, which operates in two segments: manufacturing and sale of footwear and accessories, and investment in joint venture for surplus property development. The manufacturing and sale of footwear segment is engaged in the business of manufacturing and trading of footwear and non-footwear items, through its retail and wholesale network. The investment in joint venture for surplus property development segment is involved in the development of real estate at Batanagar. Its products include leather footwear, rubber/canvas footwear and plastic footwear. Bata India is planning to spend Rs150-200 crores over the next three years to open large format stores and renovate existing ones. P M Sinha, Chairman, Bata India said that this fiscal, the company plans to open around 70 large format stores and would be focusing only on large formats in the future. The company at present has over 1,250 retail stores. The company has also restructured terms and conditions for the development of its integrated township project at Batanagar in West Bengal. It would receive an aggregate upfront amount of Rs 100 crores for future transfer of shares in the joint-venture and variation of the development rights.