Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Escorts is a buying opportunity, it is not a day trade or a short-term trade. If there is an investor wanting to park some money in midcap, Escorts is an excellent opportunity. Ceat has run-up a lot, I would not touch it unless it goes through a correction."
At 14:58 hrs Escorts was quoting at Rs 114.10, up Rs 0.25, or 0.22 percent. It has touched an intraday high of Rs 117.80 and an intraday low of Rs 113.60. The share touched its 52-week high Rs 118.75 and 52-week low Rs 48.35 on 05 November, 2013 and 28 March, 2013, respectively. Currently, it is trading 3.92 percent below its 52-week high and 135.99 percent above its 52-week low. Market capitalisation stands at Rs 1,398.60 crore.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!