Rajen Shah of Angel Broking told CNBC-TV18, "If someone looks at Escorts from an annualized perspective, this year in October itself it has sold 25 percent more tractors. Month-on-month the sales are up 44 percent and plus it is taking a hike of almost 1.5-2 percent."
"At about 15 times the earnings the stock can go to Rs 180. However since we have a position in Escorts we do buy and sell. In the long term the stock can go to about Rs 180-200 levels," he said.
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