Escorts Ltd, over six decades old company engage in manufacturing of agri-machinery,
construction & material handling equipment, railway equipment and auto
components.
Subsequent to appointment of Mr Nikhil Nanda as Joint Managing Director,
company went through series of transformation like restructuring of business, rationalizing
workforce, hiring professionals & focussing on higher horsepower premium
market segment. These changes are getting reflected in company’s performance. Company’s sale for Jun quarter increased by
16% while profit increased by 215%.
Invest for long term.
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