Escorts is a holding company. Through its subsidiaries, Co. is engaged in the manufacture and sale of agricultural machines such as tractors, engines, round and flat tubes, double acting hydraulic shock absorbers for railway coaches, center buffer couplers, automobile shock absorbers, telescopic fronts and Mcpherson struts, brake blocks and all types of brakes used by railways. Co. also manufactures equipment for material handling and road construction. In addition, Co. is engaged in the provision of healthcare services and facilities, cellular telecommunications services, software development, provision of internet service, and other e-commerce, financial and investment services.
  • TickerESCORTS
  • ISININE042A01014
  • ExchangeNational Stock Exchange of India
  • SectorIndustrial Engineering
  • CountryIndia

Escorts Limited: 2 directors sold

Two Directors at Escorts Limited sold 19,790 shares at between 1,250.255INR and 1,252.674INR. The significance rating of the trade was 81/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listin...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

US Dollar Breakdown Bullish For Risk Sentiment Global indexes including the MSCI ACWI and ACWI ex-US are following in the MSCI EM index's footsteps by breaking to new highs. This is bullish and signals a new leg higher is underway. Additionally, the US dollar is showing signs of a breakdown, something we view as a positive for global risk sentiment as long as the decline continues to be orderly. Overall our outlook remains bullish and we suggest buying any dips. · US Dollar (DXY) Breaking Below 96. As we stated after the DXY broke below 98.50, the door remains open for non-US equiti...

ESCORTS LTD. reduced its risk exposure resulting in an upgrade to Slightly Positive

ESCORTS LTD. (IN), a company active in the Commercial Vehicles & Trucks industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 2 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date June 30, 2020, the closing price was INR 1,040.00 and its potential was estimated at INR 1,098.01.

Dave Nicoski ...
  • Ross LaDuke

Int'l Insights: EM Strategy

EM Outperforming; Favor EM over EAFE With many global markets crumbling last week, one might assume that EM would have underperformed -- but that is not what transpired. What we saw was a decline in the US dollar which, along with improving coronavirus metrics in China, led to EM outperformance. Reiterating our 12/20/19 EM Strategy, we continue to believe EM is a better place to be than EAFE, supported by new highs in the EM vs. EAFE ratio and our ongoing belief that the US dollar is likely not headed for meaningfully new highs in the near-term... see charts below. Below we highlight attrac...

Jinesh Gandhi

MOSL: ESCORTS (Neutral)-Beat driven by gross margin expansion; Outlook improving

Escorts: Beat driven by gross margin expansion; Outlook improving (ESC IN, Mkt Cap USD1.3b, CMP INR748, TP INR782, 5% Upside, Neutral)   Recovery largely priced in and expected 4QFY20 onwards Escorts’ 3QFY20 performance is a reflection of stability in volumes, benefit of mix improvement and cost savings, all of which should sustain in the coming quarters. According to management, FY21 outlook has turned positive with estimated low single-digit growth. We upgrade our EPS estimates by ~9%/5% for FY20/FY21, but maintain our Neutral rating as we believe the expected recovery is already pric...

Dave Nicoski ...
  • Ross LaDuke

Int'l Insights: EM Strategy

EM Outperforming; Favor EM over EAFE With many global markets crumbling last week, one might assume that EM would have underperformed -- but that is not what transpired. What we saw was a decline in the US dollar which, along with improving coronavirus metrics in China, led to EM outperformance. Reiterating our 12/20/19 EM Strategy, we continue to believe EM is a better place to be than EAFE, supported by new highs in the EM vs. EAFE ratio and our ongoing belief that the US dollar is likely not headed for meaningfully new highs in the near-term... see charts below. Below we highlight attrac...

Escorts Limited: 2 directors sold

Two Directors at Escorts Limited sold 19,790 shares at between 1,250.255INR and 1,252.674INR. The significance rating of the trade was 81/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listin...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

US Dollar Breakdown Bullish For Risk Sentiment Global indexes including the MSCI ACWI and ACWI ex-US are following in the MSCI EM index's footsteps by breaking to new highs. This is bullish and signals a new leg higher is underway. Additionally, the US dollar is showing signs of a breakdown, something we view as a positive for global risk sentiment as long as the decline continues to be orderly. Overall our outlook remains bullish and we suggest buying any dips. · US Dollar (DXY) Breaking Below 96. As we stated after the DXY broke below 98.50, the door remains open for non-US equiti...

Jinesh Gandhi

MOSL: ESCORTS (Neutral)-Beat driven by gross margin expansion; Outlook improving

Escorts: Beat driven by gross margin expansion; Outlook improving (ESC IN, Mkt Cap USD1.3b, CMP INR748, TP INR782, 5% Upside, Neutral)   Recovery largely priced in and expected 4QFY20 onwards Escorts’ 3QFY20 performance is a reflection of stability in volumes, benefit of mix improvement and cost savings, all of which should sustain in the coming quarters. According to management, FY21 outlook has turned positive with estimated low single-digit growth. We upgrade our EPS estimates by ~9%/5% for FY20/FY21, but maintain our Neutral rating as we believe the expected recovery is already pric...

MarketLine Department

BEML Ltd - Strategy, SWOT and Corporate Finance Report

Summary BEML Ltd - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360Ëš view of the company. Key Highlights BEML Ltd (BEML) is a manufacturer of heavy earth-moving equipment. It specializes in the design and manufacture of heavy equipment including hydraulic excavators, bull dozers, tire handlers, wheel dozers, heavy recovery vehicles, treasury vans, side discharge loaders, metro cars, rail coaches, uti...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior