Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Maruti Suzuki India is a far better opportunity. Every dip in Maruti is a buying opportunity. The same applies to Escorts. After a strong rally, Escorts went through a deep correction, this is the time to buy that stock."
At 11:29 hrs Escorts was quoting at Rs 117.50, up Rs 2.40, or 2.09 percent. It has touched an intraday high of Rs 119.35 and an intraday low of Rs 115.90.
The share touched its 52-week high Rs 145.15 and 52-week low Rs 48.35 on 26 December, 2013 and 28 March, 2013, respectively. Currently, it is trading 19.05 percent below its 52-week high and 143.02 percent above its 52-week low. Market capitalisation stands at Rs 1,440.28 crore.
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