Atrump Games

Atrump Games
Atrump Games

Invest In Escorts

Faridabad based Escorts came out with solid revenue and profit numbers. Both revenue and profitability increased year over year. The volume growth in tractor sales indicate revival of tractor sales and replacement cycle. The construction equipment business also showed positive growth whereas railway business showed single digit growth.

The result clearly indicate that Escorts bucks the trend of demonetization  and their effort to spread their wings across different geographies within India is working well. Company is well positioned to grow their revenue and profitability moving forward.

It is advisable to invest in Escorts as it is expected that the share price will move to 450 to 465 INR range in no time from current 400 INR level. Retail investor may pick the stock with 6 month view and must stay away from F&O market.

Disclaimer: Contact your financial advisor before investing
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About Devendra Prasad

20 years plus industry veteran of domestic and international ICT domain with the expertise in Business, Technology, Strategy and Analysis. Specializes in forecasting impact analysis, trends and recommendations for Investments, Technology and Regulations.
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