2025-04-12 12:09:11 pm | Source: Motilal Oswal Financial Services Ltd
Neutral Escorts Ltd For Target Rs. 3,455 by Motilal Oswal Financial Services Ltd
* Escorts has underperformed the market leader and posted just 8% YoY growth in tractors in 4Q.
* Led by higher cost and lower volumes QoQ, we expect EBITDA margin to contract 80bp QoQ to 10.6%.
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