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Sona BLW jumps on inking pact to acquire Escorts Kubota`s Railways Equipment Division

Source: Accord Fintech
2024-10-24 10:04:47 am

Escorts Kubota rides high after its arm gets RBI certification to commence business of non-banking financial institution

Escorts Kubota is currently trading at Rs. 4331.90, up by 22.85 points or 0.53% from its previous closing of Rs. 4309.05 on the BSE. The scrip opened at Rs. 4361.95 and has touched a high and low of Rs. 4422.00 and Rs. 4294.45 respectively. So far 8268 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4422.00 on 27-Sep-2024 and a 52 week low of Rs. 2647.45 on 09-Feb-2024. Last one week high and low of the scrip s...

Escorts Kubota rides high after its arm gets RBI certification to commence business of non-banking financial institution

Source: Accord Fintech
2024-09-27 03:55:43 pm

NEUTRAL Escorts Kubota Ltd For Target Rs. 3,918 By Yes Securities

Valuation & View – Margins to sustain; MTBP revision key to watch for Escorts Kubota (ESCORTS) 1QFY25 results were steady with no major surprises across parameters. While tractor business performance was in-line, higher than expected margins in Railways and Construction equipment (CE) led ~5% EBTDA beat to our estimates. EBITDA margins at 14.3% (+30bp YoY/ +150bp QoQ, est 13.7%) likely sustain given improved volume outlook on tractors, price hikes undertaken to negate recent RM i...

NEUTRAL Escorts Kubota Ltd For Target Rs. 3,918 By Yes Securities

Source: Yes Securities Ltd
2024-08-22 11:50:36 am

Escorts Kubota moves up as its Agri Machinery Business Division reports 3.6% growth in July sales

Escorts Kubota is currently trading at Rs. 4202.55, up by 26.80 points or 0.64% from its previous closing of Rs. 4175.75 on the BSE. The scrip opened at Rs. 4180.75 and has touched a high and low of Rs. 4220.00 and Rs. 4175.30 respectively. So far 2346 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4410.40 on 21-Jun-2024 and a 52 week low of Rs. 2,529.60 on 02-Aug-2023. Last one week high and low of the scrip ...

Escorts Kubota moves up as its Agri Machinery Business Division reports 3.6% growth in July sales

Source: Accord Fintech
2024-08-01 10:14:43 am

NEUTRAL Escorts Kubota Ltd. For Target Rs. 3,232 - Yes Securities

In-line; Valuations fully reflect merger synergies Valuation and View – Growth challenges in tractors led by high base Escorts Kubota (ESCORTS) 4QFY24 results were steady with no major surprises across parameters. Better ASP, operating leverage and cost passthrough led construction equipment (CE) EBIT margins highest at 10.7% (+260bp YoY/ +240bp QoQ). However, the contraction in agri segment EBIT margins to 11.2% (+120bp YoY/ -270bp QoQ) is sharper than expected. The sustenance o...

NEUTRAL Escorts Kubota Ltd. For Target Rs. 3,232 - Yes Securities

Source: Yes Securities Ltd.
2024-06-24 12:56:45 pm

Neutral Escorts Kubota Ltd. For Target Rs.3,145 - Motilal Oswal Financial Services

Performance in line; near-term outlook remains weak Tractor industry to witness low-to-mid-single-digit growth in FY25 * Escorts Kubota (Escorts)’s 4QFY24 result was broadly in line. Standalone EBITDA margin came in at 12.8% (down 70bp QoQ). The near-term business outlook appears weak, especially for the agri segment, due to the ongoing election, lower groundwater level, and weak Rabi output. * We raise our EPS by ~7%/12% for FY25E/26E due to a healthy improvement in margins ...

Neutral Escorts Kubota Ltd. For Target Rs.3,145 - Motilal Oswal Financial Services

Source: Motilal Oswal Financial Services Ltd
2024-06-16 09:58:07 am

Escorts Kubota gains on planning to invest Rs 4,500 crore over next 3 to 4 years for new plant

Escorts Kubota is currently trading at Rs. 3596.00, up by 41.20 points or 1.16% from its previous closing of Rs. 3554.80 on the BSE. The scrip opened at Rs. 3554.75 and has touched a high and low of Rs. 3617.20 and Rs. 3510.00 respectively. So far 12962 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3617.20 on 13-May-2024 and a 52 week low of Rs. 2,034.00 on 25-May-2023. Last one week high and low of the scrip...

Escorts Kubota gains on planning to invest Rs 4,500 crore over next 3 to 4 years for new plant

Source: Accord Fintech
2024-05-13 12:49:40 pm

India`s Escorts Kubota misses Q3 profit view on lower tractor demand

Indian tractor maker Escorts Kubota Ltd reported a smaller-than-expected third-quarter profit on Thursday, as lower demand offset the fall in costs. The company's standalone net profit rose nearly 49% to 2.77 billion rupees (about $33 million) for the three months ended Dec. 31, but fell short of analysts' expectations of 2.82 billion rupees, per LSEG data. India's festive period was a mixed one for tractors, analysts said. Uneven and below-normal rains towards the end of qu...

India`s Escorts Kubota misses Q3 profit view on lower tractor demand

Source: Reuters
2024-02-08 04:30:44 pm

Escorts Kubota surges as its construction equipment segment reports 16% growth in January sales

Escorts Kubota is currently trading at Rs. 2932.45, up by 49.85 points or 1.73% from its previous closing of Rs. 2882.60 on the BSE. The scrip opened at Rs. 2879.90 and has touched a high and low of Rs. 2933.20 and Rs. 2879.90 respectively. So far 1266 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3435.20 on 11-Oct-2023 and a 52 week low of Rs. 1809.95 on 27-Mar-2023. Last one week high and low of the scrip s...

Escorts Kubota surges as its construction equipment segment reports 16% growth in January sales

Source: Accord Fintech
2024-02-02 10:45:37 am

Escorts Kubota gains as its agri machinery segment reports 7% fall in tractors sales in January 2024

Escorts Kubota is currently trading at Rs. 3025.00, up by 43.00 points or 1.44% from its previous closing of Rs. 2982.00 on the BSE. The scrip opened at Rs. 2987.15 and has touched a high and low of Rs. 3025.00 and Rs. 2987.15 respectively. So far 740 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3435.20 on 11-Oct-2023 and a 52 week low of Rs. 1809.95 on 27-Mar-2023. Last one week high and low of the scrip st...

Escorts Kubota gains as its agri machinery segment reports 7% fall in tractors sales in January 2024

Source: Accord Fintech
2024-02-01 10:06:35 am

Neutral Escorts Kubota Ltd For Target Rs.2,995 - Yes Securities

Valuation and View – New product launches in tractors to help MS Escorts Kubota (EKL) 2QFY24 results were weak (EBITDA miss of ~13%) to our while in-line to street estimates. The key positives were, 1) better than expected gross margins at 32.3% (est 30.7%, +470bp YoY/ +210bp YoY), 2) favorable mix in railway business (led by spares and exports) led to EBIT margins at 18.9% (+380bp YoY) and 3) CE business EBIT margins at 10.2% (highest, +12.8% YoY). The management indicated sustenanc...

Neutral Escorts Kubota Ltd For Target Rs.2,995 - Yes Securities

Source: Yes Securities Ltd
2023-12-08 12:41:39 pm

Neutral Escorts Kubota Ltd For Target Rs.3,000 - Motilal Oswal Financial Services Ltd

Better gross margins offset by other costs FY24 tractor industry growth guidance of +/-2% YoY * 2QFY24 results were inline as better gross margin at 32.3% (vs est. 30.5%) was offset by higher other expenses. The company has guided for flattish growth in FY24 volumes (+/-2% YoY) vis-à-vis ~4% YoY decline in 1HFY24 due to festive mismatch this year followed by erratic rainfall and high base of last year. * We maintain our FY24E/FY25E EPS estimates. We retain our Neutral rating o...

Neutral Escorts Kubota Ltd For Target Rs.3,000 - Motilal Oswal Financial Services Ltd

Source: Motilal Oswal Financial Services Ltd
2023-12-02 10:52:33 am

Escorts Kubota rises as its agri machinery segment reports marginal growth in tractors sales in November

Escorts Kubota is currently trading at Rs. 3174.90, up by 28.75 points or 0.91% from its previous closing of Rs. 3146.15 on the BSE. The scrip opened at Rs. 3199.35 and has touched a high and low of Rs. 3199.35 and Rs. 3159.15 respectively. So far 1645 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3435.20 on 11-Oct-2023 and a 52 week low of Rs. 1809.95 on 27-Mar-2023. Last one week high and low of the scrip s...

Escorts Kubota rises as its agri machinery segment reports marginal growth in tractors sales in November

Source: Accord Fintech
2023-12-01 11:59:37 am

Sell Escorts Kubota Ltd For Target Rs.2,830 - Geojit Financial Services

Overall tractor volume below expectation. Escorts Kobota Ltd (EKL) is the third largest agricultural tractor manufacturer in India. It has a strong presence in the north and west markets, with a 10.1% market share in FY23. • Q2FY24 revenue grew by 9%YoY, driven by a superior product mix and price hike. The domestic tractor segment de-grew by -7%YoY, while Construction equipment & Railway registered robust growth. • EBITDA margin expanded by 476bps (came below our expect...

Sell Escorts Kubota Ltd For Target Rs.2,830 - Geojit Financial Services

Source: Geojit Financial Services Ltd
2023-11-18 11:35:54 am

Escorts Kubota jumps after its construction equipment segment reports 52% growth in sales in September

Escorts Kubota is currently trading at Rs. 3211.00, up by 88.70 points or 2.84% from its previous closing of Rs. 3122.30 on the BSE.The scrip opened at Rs. 3122.00 and has touched a high and low of Rs. 3231.95 and Rs. 3086.00 respectively. So far 12850 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3344.00 on 30-Aug-2023 and a 52 week low of Rs. 1809.95 on 27-Mar-2023.Last one week high and low of the scrip stood at Rs. 3318.00...

Escorts Kubota jumps after its construction equipment segment reports 52% growth in sales in September

Source: Accord Fintech
2023-10-04 04:32:24 pm

News

Neutral Escorts Kubota Ltd For Target Rs. 3,693 by Yes Securities Ltd

India`s Escorts Kubota beats Q2 profit view on agricultural machinery growth

Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital

Sona BLW jumps on inking pact to acquire Escorts Kubota`s Railways Equipment Division

Escorts Kubota rides high after its arm gets RBI certification to commence business of non-banking financial institution

NEUTRAL Escorts Kubota Ltd For Target Rs. 3,918 By Yes Securities

Escorts Kubota moves up as its Agri Machinery Business Division reports 3.6% growth in July sales

NEUTRAL Escorts Kubota Ltd. For Target Rs. 3,232 - Yes Securities

Neutral Escorts Kubota Ltd. For Target Rs.3,145 - Motilal Oswal Financial Services

Escorts Kubota gains on planning to invest Rs 4,500 crore over next 3 to 4 years for new plant

India`s Escorts Kubota misses Q3 profit view on lower tractor demand

Escorts Kubota surges as its construction equipment segment reports 16% growth in January sales

Escorts Kubota gains as its agri machinery segment reports 7% fall in tractors sales in January 2024

Neutral Escorts Kubota Ltd For Target Rs.2,995 - Yes Securities

Neutral Escorts Kubota Ltd For Target Rs.3,000 - Motilal Oswal Financial Services Ltd

Escorts Kubota rises as its agri machinery segment reports marginal growth in tractors sales in November

Sell Escorts Kubota Ltd For Target Rs.2,830 - Geojit Financial Services

Escorts Kubota jumps after its construction equipment segment reports 52% growth in sales in September