Neutral ESCORTS Ltd For Target Rs. 3,560 by Motilal Oswal Financial Services Ltd

2025-01-29 09:18:49 am | Source: Motilal Oswal Financial Services Ltd

Neutral ESCORTS Ltd For Target Rs. 3,560 by Motilal Oswal Financial Services Ltd

News By Tags | #EscortsLtd #QuarterlyResult #MotilalOswalFinancialServicesLtd

* Escorts has underperformed the market leader and posted just 4.5% YoY growth in tractors in 3Q.

* Given a seasonally strong quarter for tractors, we expect margins to improve 120bp QoQ to 12%.

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Neutral ESCORTS Ltd For Target Rs. 3,560 by Motilal Oswal Financial Services Ltd

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