|
12 Sep 2025 |
Escorts Kubota
|
Consensus Share Price Target
|
3690.10 |
3452.63 |
- |
-6.44 |
hold
|
|
|
|
|
01 Aug 2023
|
Escorts Kubota
|
Motilal Oswal
|
3690.10
|
2450.00
|
2563.55
(43.94%)
|
|
Neutral
|
|
|
|
|
07 Jul 2023
|
Escorts Kubota
|
StoxBox - BP Wealth
|
3690.10
|
2588.00
|
2243.05
(64.51%)
|
Target met |
Buy
|
|
|
The total tractor industry volume, domestic and exports, in FY23 went up by 10.2% to 10.7 lakh units compared to 9.7 lakh units in FY22. This is a new record for the tractor industry, beating the last peak of 9.88 lakh units in FY21. The domestic tractor industry went up by 12.2% to a record 9.45 lakh units in FY23 compared to 8.4 lakh units in FY22.
|
|
12 May 2023
|
Escorts Kubota
|
BOB Capital Markets Ltd.
|
3690.10
|
1749.00
|
2062.60
(78.91%)
|
|
Sell
|
|
|
Unseasonal rains dented volumes (-12% QoQ) towards the end of Q4, offsetting momentum seen in the first half
|
|
11 May 2023
|
Escorts Kubota
|
ICICI Direct
|
3690.10
|
2450.00
|
2069.70
(78.29%)
|
Target met |
Buy
|
|
|
|
|
11 May 2023
|
Escorts Kubota
|
Motilal Oswal
|
3690.10
|
1900.00
|
2069.70
(78.29%)
|
|
Neutral
|
|
|
|
|
11 May 2023
|
Escorts Kubota
|
Axis Direct
|
3690.10
|
2310.00
|
2069.70
(78.29%)
|
Target met |
Buy
|
|
|
Valuation & Recommendation: Considering synergies with Kubota in the Agri-machinery business, double-digit growth in Construction Equipment Division and Railway Equipment Division in FY25E, strong cash flows, and negligible debt, we maintain our BUY rating with a revised target price of Rs 2,310/sh
|
|
24 Mar 2023
|
Escorts Kubota
|
CD Equisearch
|
3690.10
|
1575.00
|
1831.85
(101.44%)
|
|
Sell
|
|
|
|
|
09 Mar 2023
|
Escorts Kubota
|
Geojit BNP Paribas
|
3690.10
|
1780.00
|
1965.60
(87.73%)
|
|
Sell
|
|
|
|
|
09 Feb 2023
|
Escorts Kubota
|
Axis Direct
|
3690.10
|
2200.00
|
1970.20
(87.30%)
|
Target met |
Buy
|
|
|
We thereby maintain our BUY rating on the stock.
|
|
09 Feb 2023
|
Escorts Kubota
|
ICICI Direct
|
3690.10
|
2165.00
|
1970.20
(87.30%)
|
Target met |
Hold
|
|
|
|