Buy Escorts, target Rs 735: Manas Jaiswal
ETMarkets.com|
Oct 13, 2017, 12.57 PM IST
Manas Jaiswal of manasjaiswal.com has a buy call on Escorts with a target price of Rs 735.
The current market price of Escorts is Rs 716.75.
Time period given by the analyst is intraday when Escorts price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 700.
Escorts, incorporated in the year 1944, is a Mid Cap company (having a market cap of Rs 8,580.99 Crore) operating in Auto sector.
Escorts key Products/Revenue Segments include Tractors Agricultural which contributed Rs 4,152.61 Crore to Sales Value (99.64 per cent of Total Sales), Sale of services which contributed Rs 6.45 Crore to Sales Value (0.15 per cent of Total Sales), Scrap which contributed Rs 4.13 Crore to Sales Value (0.09 per cent of Total Sales), Other Operating Revenue which contributed Rs 2.69 Crore to Sales Value (0.06 per cent of Total Sales) and Export Incentives which contributed Rs 1.70 Crore to Sales Value (0.04 per cent of Total Sales)for the year ending 31-Mar-2017.
The company's top management includes Dr.Sutanu Behuria, Mr.D J Kakalia, Mr.G B Mathur, Mr.Hardeep Singh, Mr.Nikhil Nanda, Mr.P H Ravikumar, Mr.Rajan Nanda, Mr.Ravi Dharm Narain, Mrs.Vibha Paul Rishi, Ms.Nitasha Nanda.
Company has S N Dhawan & Co. as its auditors.
As on 30-06-2017, the company has a total of 122,576,878 shares outstanding.
The current market price of Escorts is Rs 716.75.
Time period given by the analyst is intraday when Escorts price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 700.
Escorts, incorporated in the year 1944, is a Mid Cap company (having a market cap of Rs 8,580.99 Crore) operating in Auto sector.
Escorts key Products/Revenue Segments include Tractors Agricultural which contributed Rs 4,152.61 Crore to Sales Value (99.64 per cent of Total Sales), Sale of services which contributed Rs 6.45 Crore to Sales Value (0.15 per cent of Total Sales), Scrap which contributed Rs 4.13 Crore to Sales Value (0.09 per cent of Total Sales), Other Operating Revenue which contributed Rs 2.69 Crore to Sales Value (0.06 per cent of Total Sales) and Export Incentives which contributed Rs 1.70 Crore to Sales Value (0.04 per cent of Total Sales)for the year ending 31-Mar-2017.
The company's top management includes Dr.Sutanu Behuria, Mr.D J Kakalia, Mr.G B Mathur, Mr.Hardeep Singh, Mr.Nikhil Nanda, Mr.P H Ravikumar, Mr.Rajan Nanda, Mr.Ravi Dharm Narain, Mrs.Vibha Paul Rishi, Ms.Nitasha Nanda.
Company has S N Dhawan & Co. as its auditors.
As on 30-06-2017, the company has a total of 122,576,878 shares outstanding.