Escorts Kubota Ltd (ESCORTS)

Escorts Kubota Plans New Manufacturing Plant - 12 May, 2024

Escorts Kubota Ltd is planning to invest up to Rs 4,500 crore over the next three to four years to set up a greenfield plant in Ghiloth, Rajasthan. The plant will double its domestic tractor production capacity and also include new engine and construction equipment lines.

Escorts Kubota Posts Strong Q4 Results; Brokerages Hike Target Price - 10 May, 2024

Escorts Kubota reports strong Q4 results with a jump in net profit and decline in revenue. Macquarie upgrades the stock while brokerages raise target price on better export prospects and market share gain.

Escorts Kubota Reports Rise in Q4 Profit and Approves Dividend - 09 May, 2024

Escorts Kubota reported a rise in Q4 profit with a decline in revenue due to lower demand. The company approved a dividend of Rs 18 per equity share for FY24, subject to shareholder approval.

Escorts Kubota Shares Rise After In-Line Numbers - 02 May, 2024

Shares of Escorts Kubota rose by 0.81% to the day's high of Rs 3382.45 after reporting in-line numbers. However, the company's agri machinery division sales declined slightly in April 2024.

Auto Sector Bullish; Escorts Kubota Earnings Growth Lags Shareholder Returns - 29 Apr, 2024

Escorts Kubota saw a 6% increase this week, with its EPS growth slower than share price growth over the past five years. However, bullish trends in the auto sector suggest an extension of the current trend.

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.