Escorts is trading higher by 4% to Rs 64.80 on reporting 62% year-on-year (yoy) jump in net profit at Rs 37.47 crore for the second quarter ended March 31, 2013 because of lower raw material and interest costs.
Escorts Limited is trading higher by 4.4% to Rs 69.80 after its net profit more than tripled to Rs 28.13 crore for the first quarter ended December 31, 2012 (Q1) due to lower raw material cost.
Being the second mover isn’t just a matter of timing. The first mover does have some advantages that may be hard to match: technological know-how, access to resources and talent, early market dominance, and name recognition.
Escorts Group's Escorts Agri Machinery, which stands a distant third in India's tractor market dominated by Mahindra, is aiming to become a top seller in the big tractor segment of 50 HP and above in three years, and thereby emerge as the most
Escorts Group's Escorts Agri Machinery, which stands a distant third in India's tractor market dominated by Mahindra, is aiming to become a top seller in the big tractor segment of 50 HP and above in three years, and thereby emerge as the most
Escorts Limited has rallied 6% at Rs 62.70 after reporting over two-fold jump in net profit at Rs 26.88 crore for the quarter ended June 30, 2012, due to new launches, better product mix and low inventory costs.
Tractor manufacturer Escorts today reported over two-fold increase in its standalone net profit to Rs 26.9 crore for the quarter ended June 30, 2012, due to new launches, better product mix and low inventory costs.
Escorts Ltd has informed the exchanges that its shareholders and creditors have approved the restructuring plan which involved merger of three associate firms.
Agriculture and construction-related products manufacturer Escorts on Thursday reported a 75 per cent fall in net profit at Rs 18.12 crore for the quarter ended March 31, against Rs 73.2 crore in the same quarter last year.
Recently, 4.2 million shares of Escorts (it makes tractors and other farm equipment, construction equipment, automobile components and railway equipment) were purchased by a company called Har Parshad & Co from Reliance Asset Management for Rs 32
Escorts is trading higher by 4% to Rs 84.20, extending its previous day’s 5.5% rally after its promoters hiked their holding in the company by acquiring 4% through open market purchases on Wednesday.
Amid market speculation of rival groups looking to buy into Escorts Ltd, the promoters on Thursday bought 4.2 million shares in the company from Reliance Asset Management.
Escorts Ltd, a maker of critical railway components, today said it has inked a licencing and technology pact with a US-based firm 'Honeywell' for technical assistance on railway brake systems.
Agri machinery products maker Escorts today said its consolidated net profit has declined by 5.47% to Rs 125.06 crore for the fiscal ended November 30, 2011, due to rise in raw material costs.
Tractor maker Escorts Ltd has taken an "in principle" decision to separately list its big verticals to provide investors a window to choose their preferred businesses, but there is "nothing immediate," a top executive told Reuters on