Escorts Kubota Ltd Share Price (ESCORTS)

Motilal Oswal Recommends Buying Escorts with Target Price of ₹2970 - 23 Apr, 2024

Escorts Kubota Ltd's stock has seen good recovery from lower zones on monthly scale and formed a strong bullish candle. The stock gave falling supply trend line breakout above 3040 zones and formed a bullish candle. Momentum indicator Relative Strength Index (RSI) is also moving higher which indicates momentum to continue in coming sessions. Motilal Oswal recommends buying the stock with a target price of ₹2970 and stop loss of ₹3400.

Escorts Kubota Announces Tractor Price Hike - 22 Apr, 2024

Escorts Kubota plans to raise the prices of its tractors starting May 1, 2024, varying across models/variants and geographies. The stock gained 2.16% on the announcement.

Analysts Recommend Buying and Selling Escorts Kubota Ltd - 18 Apr, 2024

Kush Bohra recommends buying Escorts with a stop loss of ₹820 and a target of ₹875-900, while Chandan Taparia suggests buying with a stop loss of ₹3,000 for an upside target of ₹3,200. He also advises selling with a stop loss of ₹5,320 and a target of ₹5,000.

Escorts Kubota Stock Shows Signs of Bounce Back - 15 Apr, 2024

Experts suggest short-term traders can buy Escorts Kubota stock for a possible bounce back above 3500 levels in the next 2-3 months, as recent gains helped break out from a Flag pattern on weekly charts. The stock is down over 12% from October highs.

Escorts Kubota Ltd's P/E Ratio Raises Concerns Among Shareholders - 08 Apr, 2024

Escorts Kubota Ltd's P/E ratio of 32.6x is in line with other companies despite inferior earnings outlook, leading to concerns among shareholders. The company delivered a 64% gain to the bottom line last year and grew EPS by 15% over three years. However, its predicted future earnings may not support positive sentiment for long.

Escorts Kubota Shares Surge on Technical Breakout - 04 Apr, 2024

Escorts Kubota shares have surged above the 60 mark for the first time in 114 trading sessions, with a downward sloping trendline breakout supported by robust trading volume. Sudeep Shah of SBI Securities recommends buying the 3040 April CE at Rs 80-85 with a stop loss of Rs 50 and target of Rs 135-150.

Mixed Results for Escorts Kubota Ltd. - 01 Apr, 2024

Escorts Kubota's Agri Machinery Business Division reported a decline in March tractor sales while its Construction Equipment Business Division saw growth. Shares rose despite a drop in Q4FY24 sales.