Intraday Trading Views & Stock market predictions for Wednesday

Escort Motors: Amid lockdown, Tractor sales keep rolling, should you invest?

Getting your Trinity Audio player ready...

Escorts provides a technologically superior range of 22 HP to 80 HP tractors with under two-star brands – Farmtrac and Powertrac. It has a network of 800 retail outlets along with a customer base of 14,00,000.

The company has a presence in 62 countries. The company has more than 60 years of track record in manufacturing Agri machinery. The company’s net profit rose by 6% to Rs.92.58 crore in June quarter. Amidst the challenging environment, the company witnessed a faster revival in agriculture business. It also reported an 80% growth in total sales along with a 9% increase in exports on a YoY basis for August month.

We recomemded this stock last expiry kindly see the post.

Kindly see the post for targets.

https://stocktradingfno.com/market-updates-3/
A huge gain in this counter already in hand.For daily calls like this join our premium services please.

https://t.me/som786freeintrapositionalhits

1 thought on “Escort Motors: Amid lockdown, Tractor sales keep rolling, should you invest?”

Leave a Comment

Your email address will not be published. Required fields are marked *

Shares