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.
Ebitda/t is likely to drop due to significant price correction in the East as well as the input cost pressure.
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 […]
COMEX Copper futures are lingering around six week low near $4.30 per pound. The US stocks started the week in a volatile manner as traders assessed the latest drop in the Covid-19 infections as well as elevated energy prices. Economic cues are mixed. Chicago-area business activity rose at a faster rate in the month of January, according to a report released by MNI Indicators on […]
At meeting held on 31 January 2022
The said increase in the cost of project is on account of increase in the statutory levies.

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