Ebitda/t is likely to drop due to significant price correction in the East as well as the input cost pressure.
Escorts said that its Agri Machinery division sold 5,707 tractors in January 2022 as against 9,021 tractors sold in January 2021, a drop of 36.7% YoY.
The US stocks gained ground for second consecutive session on Monday, 31 January 2022, with the Dow, the S&P500, and the Nasdaq indexes all finishing notably above the unchanged line, as investors continued bargain hunting in recently battered stocks, led by tech stocks on brokerage houses rating upgrade. At the close of trade, the Dow Jones Industrial Average index surged 406.39 points, or 1.17%, to […]

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