Escorts has reported ~17% Volume growth in 11MFY21 By Amarjeet Maurya, Angel Broking Ltd
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/03/4f63803f1af61c277c6e9016f6c13c44.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below are Views On Escorts has reported ~17% Volume growth in 11MFY21 on back of positive macroeconomic By Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
Escorts has reported ~17% Volume growth in 11MFY21 on back of positive macroeconomic factors and strong rural cash flows. The supply side situation is normal, but rising inflation continues to be a worry. Hence, the company is taking the price of its tractors from 1st April 2021. There has been a steady rise in commodity prices necessitating a price hike to offset the impact of the inflation. The increase in prices vary from models and variants. Thus, overall this is a positive development for the company, which would support profitability going ahead.
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)