Broker’s Call: Escorts (Reduce)

CD Equisearch recommended reduce rating on Escorts Kubota with a target price of Rs 1575 in its research report dated March 24, 2023.

Reduce Escorts Kubota; target of Rs 1575: CD Equisearch

Here is what the charts say about the shares of APL Apollo Tubes, Escorts Kubota and LTIMindtree

stocks that will be in action this week

Escorts Kubota said that its Agri Machinery business in February 2023 sold 7,811 tractors, registering a growth of 27.8% as against 6,114 tractors sold in February 2022.

Escorts Kubota reports nearly 28% YoY jump in Feb′23 tractor sales

Based on the OI percentage, as many as 88 stocks, including Mphasis, Escorts, GNFC, Hindustan Petroleum Corporation, and Indraprastha Gas, saw a short build-up.

Trade setup for today: Top 15 things to know before the opening bell

Based on the OI percentage, 74 stocks - Adani Enterprises, Escorts, Berger Paints, Hindalco Industries, and Hindustan Petroleum Corporation - saw a short build-up.

Here is what the charts say about the shares of Delta Corp, Escorts Kubota and Mphasis

Movers & Shakers: Stocks that will see action this week

Emkay Global Financial is bullish on Escorts Kubota has recommended buy rating on the stock with a target price of Rs 2500 in its research report dated February 08, 2023.

Buy Escorts Kubota of Rs 2500: Emkay Global Financial

Motilal Oswal recommended Neutral rating on Escorts Kubota with a target price of Rs 1900 in its research report dated February 08, 2023.

Neutral Escorts Kubota; target of Rs 1900: Motilal Oswal

#adanigroup #nifty #sensex #sharemarket 
Indian shares mirror global losses as recessionary fears take centre stage. Sentiment further soured because of the Adani Group stocks which witness a second day of sell-off after index provider MSCI altered the free float status of 4 listed entities of the group. Broader markets are the clear outperformers in trade today with stocks like Escorts and Aurobindo Pharma leading the charge. Sectorally, media and PSU banks lead gains while metals and FMCG names maintain their stance in the red. Catch Tanya Aneja to take stock of market moves at lunch hour with Kranthi Bathini of WealthMills Securities. 

----------------------
About the Channel: Watch Business Today videos to get the latest news on Business, stock market, sensex - BSE India, NSE India, personal finance, gold prices, petrol prices and more. Also, get an insight into the dealings of the top companies in India from Business Today's award-winning journalists. Get up to date with all investment options (Mutual Funds, SIPs, Debt, Equity, Insurance, Home Loans, Pension Schemes, Retirement Plans) from our Money Today team. Also, watch interviews of top CEOs. 
Regular shows to watch out: 

The Good The Bad and The Ugly with BusinessToday.in Editor Rajeev Dubey to know the top stories of the day specially curated from the world of business and economy. 

Watch Inside India's Factories to find out how different products get manufactured and processed for final consumption. 

You can follow us at: 

Website: https://www.businesstoday.in 
Facebook: https://www.facebook.com/BusinessToday 
Twitter: https://twitter.com/BT_India 
Google Plus: https://plus.google.com/+businesstoday

Adani Group Stocks Drag Nifty, Sensex Down 200 Points

Rakesh Jhunjhunwala’s select picks including Titan, Tata Motors, Canara Bank, Escorts and Karur Vysya Bank continue to draw analysts’ attention who remain positive on these counters.

Titan, Tata Motors, Canara Bank, Escorts & KVB: Brokerages’ view on these 5 Jhunjhunwala stocks

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Escorts Limited is engaged in manufacturing of engines for agricultural tractors, earth moving and material handling equipment, hydraulic shock absorbers, automobile shock absorbers, internal combustion engine etc. used by railways.

Escorts Ltd

Escorts Ltd

Scorecard

News & Opinions

Broker’s Call: Escorts (Reduce)

Reduce Escorts Kubota; target of Rs 1575: CD Equisearch

stocks that will be in action this week

Escorts Kubota reports nearly 28% YoY jump in Feb′23 tractor sales

Trade setup for today: Top 15 things to know before the opening bell

Trade setup for today: Top 15 things to know before the opening bell

Movers & Shakers: Stocks that will see action this week

Buy Escorts Kubota of Rs 2500: Emkay Global Financial

Neutral Escorts Kubota; target of Rs 1900: Motilal Oswal