INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on Escorts with a target price of Rs 715
The current market price of Escorts is Rs 692.4
Time period given by analyst is Intra Day when Escorts price can reach defined target
Manas Jaiswal recommended to keep stoploss at Rs 680
Escorts, incorporated in the year 1944, is a Mid Cap company (having a market cap of Rs 8487.22 crore) operating in Auto sector
Escorts key Products/Revenue Segments include Tractors Agricultural which contributed Rs 4974.15 crore to Sales Value (99.16 per cent of
Total Sales), Sale of services which contributed Rs 15.17 crore to Sales Value (0.30 per cent of Total Sales), Scrap which contributed Rs
13.98 crore to Sales Value (0.27 per cent of Total Sales), Export Incentives which contributed Rs 10.35 crore to Sales Value (0.20 per cent
of Total Sales) and Other Operating Revenue which contributed Rs 2.32 crore to Sales Value (0.04 per cent of Total Sales)for the year ending
For the quarter ended 30-09-2018, the company has reported a Standalone sales of Rs 1398.36 crore, down 7.47 per cent from last quarter
Sales of Rs 1511.29 crore and up 15.41 per cent from last year same quarter Sales of Rs 1211.68 crore Company has reported net profit after
tax of Rs 102.74 crore in latest quarter
Mr.Ravi Dharm Narain, Mrs.Vibha Paul Rishi, Ms.Nitasha Nanda.
