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Hold onto Escorts
Posted by :
spikerMFs are increasing their stakes in this scirp. I would like to set target as 70, then 76 (can see resistance at this level) and then 80. Watch out for this stock. Good time to add this if dont have it in your profile. If you already have to it, do average it!!!...
75+ in Escorts, short term , medium to long term** watch post below
Posted by : spiker
In short term 75+ in escorts is pretty much on the cards. **Medium to long term watch post below.
The sales and profit margin are going up.
*When mutual funds are buying this stock, why cant we? Lets also buy something and keep our first target as 75, then the next target in the post below.
Enjoy ...
TARGET 135
Posted by : agrawalknath
Dear MMB Boarders,
I write on the Board very less, but try to inform the investors where there is huge potential. My last suggestion 4 months back was Bharati Shipyard where I have given recommendation to buy at 60 and given target of 160.Still it is worth holding.
Regarding Escorst, the product, the season, the Book value, the huge land bank at Faridabad, the expected unlocking of value, makes Escorts to double from present level in 3 months time frame.
I am a retired Bank Officer and have worked for balance sheet evaluation.
Happy investing friends.
agrawalknath...
good accumulation
Posted by :
Guest
what to do with Escort.
...
BSE Announcements on Escorts
Posted by : MMB MessengerEscorts Ltd has informed submitted to BSE a copy of Notice convening a meeting of Equity Shareholders on July 12, 2009 for the purpose of considering, and if thought fit, approving with or without modification(s), the Scheme of Arrangement between Escorts Agri Machinery Inc and Escorts Ltd and their respective shareholders and creditors and the copy of advertisement published in the news paper regarding the meeting of the Equity Shareholders. ...
good accumulation
Posted by : chief_kamani
haimybinu-Escorts is a good hold for 2/3 year period!!
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good accumulation
Posted by :
haimybinu
When it comes to 80..??
I have 4000 shares @80 Rs.
Now I am in a huge loss of around 84000/-..Pls tell what to do..Hold or SELL..???...
NSE Announcements on Escorts
Posted by : MMB MessengerEscorts Ltd has informed the Exchange that by an order made on May 15, 2009 the Honble High Court of Punjab & Haryana at Chandigarh has directed a meeting of the Equity Shareholders of the Transferee Company be held on July 12, 2009 for the purpose of considering, and if thought fit, approving, with or without modification, the Scheme of Arrangement proposed to be made between the said companies i.e.Escorts Agri Machinery Inc., USA (Transferor Company) and Escorts Limited (Transferee Company) and Equity Shareholders of the Transferee Company. A copy of the notice of meeting shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
good accumulation
Posted by : GuestIt will cross rs.115 after july since monsoon will be started and one can hold it for long term also.. it`s a nice scrip......
good accumulation
Posted by : GuestIt will go up once monsoon is started and it can cross even Rs.100 in next 1-2 months timeframe....
good accumulation
Posted by : ashjagExpect 90-110 in immediate short term... Buy on all dips..stay invested!...
good accumulation
Posted by : mahesh_2006Can you say its short term target?...
NSE Announcements on Escorts
Posted by : MMB MessengerEscorts Ltd has informed the Exchange that " Further to the No-objection letter obtained from this Stock Exchange vide its letter dated May 11, 2009 Escorts Limited (the Company) had filed a company application with the Honble High Court of Punjab and Haryana at Chandigarh on May 12, 2009. Subsequently, the Honble High Court of Punjab and Haryana at Chandigarh, by an order made on May 15, 2009 has directed that a meeting of the Equity Shareholders of the Company be convened and held on July 12, 2009 for the purpose of considering, and if thought fit, approving with or without modification(s), the Scheme of Arrangement between Escorts Agri Machinery Inc and Escorts Limited and their respective shareholders and creditors. The said order was received by the Company on 27 May 2009." ...
BSE Announcements on Escorts
Posted by : MMB Messenger
Escorts Ltd has informed BSE that the Company had filed a Company application with the Honble High Court of Punjab and Haryana at Chandigarh on May 12, 2009.
Subsequently, the Honble High Court of Punjab and Haryana at Chandigarh, by an order made on May 15, 2009 has directed that a meeting of the Equity Shareholders of the Company be convened and held on July 12, 2009 for the purpose of considering, and if thought fit, approving with or without modification(s), the Scheme of Arrangement between Escorts Agri Machinery Inc and Escorts Ltd and their respective shareholders and creditors. The said order was received by the Company on May 27, 2009....
good accumulation
Posted by : agrawal
heavy accumulation in progress...
picked up in Stock 20-20 this morning with a target of 90 for the day....
good trading opportunity........
