Escorts Ltd
ESCORTS

420.60

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Turnover (lac)
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Day's Vol.(shares)

419.00

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Reco. Price
Rs 408.00
We recommend accumulate on the stock on the back of strong traction in tractor business supported by normal monsoon. Further, corrective measures in tractor business and focus on South and West markets (under-penetrated) are the positive triggers. The stock is trading at a PE of 22x in FY17E. (Target Price-Rs 432)
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50 DMA (.)
351.09
100 DMA (.)
351.14
200 DMA (.)
301.58
Weekly Range (.)
405.65
427.40
Monthly Range (.)
360.10
427.40
52 Weeks Range (.)
121.30
427.40
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