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India, Keep Rising !!

18 August 2013

Investment Ideas : Escorts Ltd

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.

Yearly Financials (Rs in Crore)



Quarterly Financials (Rs in Crore)




Disclaimer:
Any purchase/sale of a stock involves a high degree of investment risk. Caution all investors that they may lose some or all of their investment if they decide to purchase any stock listed here.

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