Page 3 - Escorts

Escorts tractor sales jump 88 per cent to 7,733 units in December

Farm equipment manufacturer Escorts Agri Machinery on Friday reported an 88 per cent jump in tractor sales at 7,733 units in December 2020

Escorts gains 4% on posting highest-ever tractor sales for December month

Post lockdown, December was the first month where the company could supply as per the demand of customers, some of whom waited long to get their preferred tractor brand

Two stock that Vaishali Parekh of Prabhudas Lilladher is bullish on

Escorts share price has witnessed a decent correction and has flattened out near 1290 levels to improve the bias

M&M hits 52-week high, Escorts nears record high on strong tractor sales

In November, total volumes at M&M and Escorts rose 56 per cent and 33 per cent YoY, respectively.

Escorts rallies 5%, hits record high on healthy outlook in current fiscal

The company's domestic market share increased to 11.6 per cent in fiscal 2020 from 10.8 per cent in fiscal 2018. Overall, Escorts revenues are expected to register 5-6 per cent growth in fiscal 2021

Escorts posts over two-fold jump in Q2 net profit at Rs 227 crore

Farm equipment and engineering major Escorts on Monday reported over two-fold jump in consolidated net profit at Rs 227.22 crore for the second quarter ended September 30

Five mid-cap stars which refused to buckle during the coronavirus crisis

With markets recovering, midcaps have also rebounded and in fact, have outperformed benchmark indices by a good margin in the last two months

Escorts hits new high as Co starts commercial production of Kubota tractors

In the JV, Escorts Kubota India Pvt Ltd, Kubota Corporation has 60 per cent ownership while the rest 40 per cent is with Escorts.

Escorts rallies 18% in September on hopes of good tractor sales

The management remains optimistic for the coming festive months

Nifty view and stock picks by Anand Rathi: Buy Tata Consumer, Sell Escorts

The stock of Tata Consumer Products made a fresh all-time high and has provided breakout from a cup pattern on the daily chart

Tractor sales grow as monsoon, govt help for farmers lift rural economy

Companies expect to reach full capacity in August after fixing supply chains that collapsed in the months-long lockdown to contain the coronavirus

Tractor sales surge in June, buoyed by positive farm sentiment: Industry

Mahindra & Mahindra Ltd's Farm Equipment Sector (FES) domestic sales in June saw a surge of 12 per cent to 35,844 units, as against 31,879 units sold during June 2019

Escorts nears record high on May tractor sales nos, soars 32% in one month

Analysts say tractors are likely to see relatively faster recovery in the second half of this fiscal.

Escorts hits 52-week high; rallies 16% in 6 days on good Q4 results

The stock of the commercial vehicle maker has rallied 16 per cent in the past six trading days after the company delivered strong operating performance in the January-March quarter

Escorts rallies 5% on strong operational performance in Q4

The management said the good harvest, increased procurement by respective governments and their focussed support to farming & prediction of good monsoon will enable quick revival across farm ecosystem

Escorts re-rating hinges on tractor volume recovery, tie-up with Kobuta

The company isThe company is banking on pent up demand to reflect in June-October period banking on pent up demand to reflect in June-October period

Escorts hits over 2-month high ahead of Q4 results; stock up 18% in 6 days

Analysts believe outlook for the tractor industry for FY21 is positive with better Rabi sowing, higher reservoir levels and adequate financing availability

Rakesh Jhunjhunwala cuts stake in Titan, Lupin, Escorts in March quarter

Currently, Rakesh Jhunjhunwala and his family's net worth in listed companies stands at Rs 8,517 crore, compared to Rs 8,388 crore as on March 31, 2020.

Lockdown 3.0: Rural India may drive demand recovery amid Covid-19 crisis

Top executives at auto, tractor and consumer packaged goods firms are optimistic. They are betting on the reverse migration of labourers boosting consumption and prediction of a favourable monsoon.

Escorts shares skid 12% as tractor sales more than halve in March

Eicher Motors said, the March 2020 sales numbers are not comparable with March 2019, as sales were impacted by nationwide lockdown