Escorts

Margins hold steady, but regional gaps and construction slowdown pose challenges to growth

Buy Escorts; target of Rs 4000: Emkay Global Financial

Emkay Global Financial is bullish on Escorts has recommended buy rating on the stock with a target price of Rs 4000 in its research report dated February 11, 2025.

Expect tractor industry festive season sales to grow 8-10 pc this year: Escorts Kubota CFO

After a soft first half, the tractor industry is expected to gain momentum in the second half of the ongoing fiscal, growing in double digits, leading to an overall mid-single digit growth for the full year.

Buy Escorts; target of Rs 4700: Emkay Global Financial

Emkay Global Financial is bullish on Escorts has recommended buy rating on the stock with a target price of Rs 4700 in its research report dated October 08, 2024.

Option strategy of the day| Bull call spread post Escorts Kubota breakout

On the lower side, crucial support is at 2,900. The short to medium term trend will remain positive as long as the stock holds this level on a closing basis

Escorts Q3 FY24: Muted volumes and revenue

A decline in raw material prices rescues margins

Short Call: Tech stocks steal the show; bond booster from war; Escorts, Indus Towers, NMDC in focus

Big upsides look unlikely as things don’t seem to be getting better in the US, never mind the strong jobs market

Short Call | Global economy goes into a tailspin, but India growth story stays intact; Escorts, Bata, REC in focus

The India growth story is intact, but can our high valuations sustain in the backdrop of a bleak global economy?

Stellar results by Escorts, but outlook lies low

Tractors, the company’s mainstay, are likely to see a low-single digit growth in the current fiscal

Auto numbers hit the skids in July, go off track

Monsoon plays spoilsport as automakers report a sequential decline in volumes

Escorts Kubota's record tractor sales in May lift the stock up

Escorts Kubota Limited Agri Machinery Business Division sold 9,167 tractors in May, its highest sales for the month, a growth of 8.9 percent against 8,421 units in the year-ago period

Mixed results by Escorts, outlook depends on monsoon

Weak tractor demand is a drag on revenues but construction equipment & railway segments recover sharply

El Nino Impact: Gainers and losers if monsoon fails

Deficient rains can be a bane for agri- and rural-centric companies, while proving to be a boon for sectors that offer respite from scorching heat

Auto numbers continue to surprise positively

Whether it is tractors, two-wheelers, trucks, or cars, the demand momentum is likely to continue

Strong numbers from automakers, outlook gets a lift

Vehicle sales to continue gathering pace on the back of an improving macro scenario and upcoming festive season

Two-speed journey for auto sales in July

PV and 2W do well but uneven rains play spoilsport for tractors

Tata Motors sees 185% surge in sales volume, Maruti Suzuki reports highest-ever exports in May

Tata Motor's domestic sales surged 204 per cent year-on-year as it sold 74,755 vehicles in May 2022, while Bajaj Auto reported a marginal growth in its total vehicle sales at 2,75,868 units as against 2,71,862 vehicles in the year-ago period.

Neutral Escorts; target of Rs 1740: Motilal Oswal

Motilal Oswal recommended Neutral rating on Escorts with a target price of Rs 1740 in its research report dated May 14, 2022.

Hold Escorts; target of Rs 1840 : ICICI Direct

ICICI Direct recommended hold rating on Escorts with a target price of Rs 1840 in its research report dated May 16, 2022.

Decent results by Escorts; outlook improves on normal monsoon forecast

he company’s strong position in the domestic market and new products make us confident about its business. Further, its valuation -- 20.1 times FY24 projected earnings -- is at a reasonable level.

Escorts lines up Rs 400 crore capex for FY23; eyes higher exports of electric tractors

Apart from creating the capacity line for the new products, the capex will also cover vendor capacity expansion

Escorts Q4 Result | Firm's net profit falls 29% YoY to Rs 190 crore

Revenue for the quarter fell 16% year-on-year to Rs 1,879 crore. EBITDA margins slumped by 252 basis points to 13.1% from 15.6% a year ago.

Meet this week’s Tactical Pick, a low-risk, high-reward choice

Tractor demand expected to be strong; stock valuation at reasonable level