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On 19 May 2022

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Escorts reported 25.5% fall in standalone net profit to Rs 202.2 crore on a 15.8% decline in revenue from operations to Rs 1,861.4 crore in Q4 FY22 over Q4 FY21.

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Nifty Auto index ended up 2.44% at 10412.35 today. The index has lost 3.00% over last one month. Among the constituents, Tata Motors Ltd jumped 8.60%, MRF Ltd added 6.55% and Tube Investments of India Ltd gained 5.50%. The Nifty Auto index has increased 4.00% over last one year compared to the 7.39% spike in benchmark Nifty 50 index. In other indices, Nifty Metal index […]

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