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Escorts Ltd - Company News

BSE   18 Aug 17 | 12:00 AM

626.90 -2.55 (-0.41%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 500495
Face Value: 10

NSE   18 Aug 17 | 12:00 AM

626.80 -2.55 (-0.41%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: ESCORTS
Performance
1 Week : Rs 592.50 (5.81%)
1 Month : Rs 652.85 (-3.97%)
1 Year : Rs 304.50 (105.88%)
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  • 28 Jul 17
    03:56 PM
    Representative imageFarm equipment manufacturer Escorts on Friday reported 33.41 per cent increase in net profit at Rs 62.64 crore for the quarter ended June 30.The company had posted a net profit at Rs 46.95 crore during the same period a year ago,
  • 02 Nov 16
    12:03 PM
    Escorts has moved higher by 3% to Rs 391 on BSE, bouncing back 5% from early morning lows, after the company’s agri machinery segment (EAM) reported a strong 53% year-on-year (YoY) jump in total tractor sales at 8,970 units in October 2016. The
  • 17 Aug 16
    12:29 AM
    Escorts’ managing director Nikhil Nanda is thanking the skies. An above normal monsoon after two consecutive deficit years has revived demand for tractors, which brings 80 per cent of his company’s annual revenues of Rs 3,500 crore.
  • 11 Aug 16
    02:32 PM
    Escorts has moved higher by 5% to Rs 273, recovering 7% from intra-day low on the BSE, after the company announced divestment of its OEM & export business of auto product division to Badve Engineering, Pune in an all cash deal.
  • 29 Jul 16
    12:28 AM
    Farm equipment maker Escorts on Thursday posted an increase of 33.5 per cent in net profit to Rs 47 crore for the June quarter, against Rs 35 crore in the year-ago period.
  • 22 Jun 16
    09:50 AM
    Escorts has moved higher to its fresh 52-week high of Rs 202, up 11% on the BSE in early morning trade on hopes of good monsoon will aid tractor sales growth.
  • 13 Apr 16
    04:39 AM
    Listed rural plays were among the highest gainers on the bourses after the Indian Meteorological Department (IMD) and Skymet, a private weather forecaster, predicted an above normal monsoon for 2016. The positive sentiments that followed the news is
  • 02 Nov 15
    12:28 PM
    Engineering and farm equipment major Escorts Ltd today reported 31.5% decline in its tractor sales in October at 5,862 units.
  • 17 Sep 15
    03:46 AM
    Who is the largest shareholder of tractor maker Escorts? It is not any of the Nanda family members. A man in his 80s named Surendra Ambalal Dave holds that title.
  • 01 Sep 15
    09:35 PM
    Escorts’ shares are up 14 per cent over the week on expectations of a pick-up in tractor volumes in the coming festival season and improvement in margins led by higher volumes and lower input costs.
    02:21 PM
    Escorts has dipped 7% to Rs 162 on the BSE after reported 33.7% year-on-year (YoY) drop in total sales at 2,402 tractors in the month of August 2015 against 3,624 tractors in the same month last year.
  • 06 Aug 15
    04:42 PM
    Profit stood at Rs 36.27 crore against Rs 34.11 crore in corresponding quarter last year. Net sales declined over 13% to Rs 973 crore due, primarily due to a 16% drop in tractor sales.
  • 29 May 15
    12:27 AM
    Hit by a decline in sales, tractor maker Escorts has reported a 60 per cent decline in profit for the quarter ended March. Net profit was Rs 12.7 crore while net sales declined 17 per cent to Rs 812 crore.
  • 28 May 15
    04:48 PM
    Tractor manufacturer Escorts today reported 59.84 per cent decline in its net profit at Rs 12.76 crore for the fourth quarter ended March 31, 2015, hit by weak demand due to adverse weather conditions.
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