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06 November 2014

Investment Update: Escorts Ltd



Escorts ltd was recommended in Aug-2013 at Rs 89/-  ( Link http://atulgandhicom.blogspot.in/2013/08/escorts-ltd.html )
Last closing price is Rs 166.75

Jun-14 quarter Escort's financial numbers were weak. Subsequent in Sep-14 quarter results, we see operating margin is under pressure.

Advice to exit the stock


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