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Covid hit in the hinterland threatens to spoil it for Jhunjhunwala's top agri bet


Covid hit in the hinterland threatens to spoil it for Jhunjhunwala’s top agri bet
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If good monsoon predictions could have added buoyancy to the stocks linked to the rural sector and agriculture, Covid 2.0 is playing spoiler.
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Ace investor Rakesh Jhunjhunwala held 6,400,000 shares, or 4.8%, stake in the company as of March end.
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NEW DELHI: The second wave of Covid-19 pandemic is hitting India’s hinterland very hard, not something seen during the first wave.
That has altered the equations for Dalal Street.
So, if good monsoon predictions could have added buoyancy to the stocks linked to the rural sector and agriculture, Covid 2.0 is playing spoiler. ....

Rakesh Jhunjhunwala , Nikhil Nanda , Bharat Madan , Big Bull , Managing Director Nikhil Nanda , Institutional Equities , Southeast Asia , Escorts Stock Price , Escorts Share Price , Rakesh Jhunjhunwala Picks , Rakesh Jhunjhunwala Stock Picks , Escorts Shares , ராகேஷ் ஜுன்ஜுன்வாலா , நிகில் நந்தா , பாரத் மதன் , பெரியது காளை , நிர்வகித்தல் இயக்குனர் நிகில் நந்தா , நிறுவன பங்குகள் , தென்கிழக்கு ஆசியா , எஸ்கார்ட்ஸ் ஸ்டாக் ப்ரைஸ் , எஸ்கார்ட்ஸ் பகிர் ப்ரைஸ் , ராகேஷ் ஜுன்ஜுன்வாலா ஸ்டாக் தேர்வு ,

Escorts Q4 net profit jumps two-fold to Rs 285.41 crore on robust sales


Farm equipment and engineering major Escorts Ltd on Friday reported over two-fold jump in consolidated net profit to Rs 285.41 crore in the fourth quarter ended March 2021, mainly driven by robust sales.
The company had posted a consolidated net profit of Rs 127.73 crore in the same period previous fiscal, Escorts Ltd said in a regulatory filing.
Its consolidated revenue from operations during the period under review stood at Rs 2,228.75 crore as against Rs 1,385.65 crore a year ago, it added.
Tractor sales were up by 62.1 per cent at 32,588 units during the fourth quarter, Escorts said.
For the fiscal ended March 31, Escorts Ltd said its consolidated net profit was at Rs 871.63 crore as compared to Rs 471.72 crore in FY20, a growth of 85 per cent. ....

Nikhil Nanda , Ltd On , Escorts Ltd , Ltd Chairman , Managing Director Nikhil Nanda , நிகில் நந்தா , லிமிடெட் ஆன் , எஸ்கார்ட்ஸ் லிமிடெட் , லிமிடெட் தலைவர் , நிர்வகித்தல் இயக்குனர் நிகில் நந்தா ,

Escorts Q3 results: Net profit up 83% to Rs 281 crore


Escorts Q3 results: Net profit up 83% to Rs 281 crore
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Last Updated: Feb 02, 2021, 04:36 PM IST
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Revenue from operations rose to Rs 2,017.4 crore during the period under review as compared with Rs 1,633.4 crore in the corresponding period last year, Escorts Ltd said in a statement.
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Escorts Ltd on Tuesday posted 83.4 per cent increase in its net profit at Rs 280.7 crore for the third quarter ended December 31, 2020, riding on the back of robust sales across business segments.
The company had reported a net profit of Rs 153.1 crore during the October-December period of the previous fiscal. ....

Nikhil Nanda , Escorts Ltd , Ltd Chairman , Managing Director Nikhil Nanda , நிகில் நந்தா , எஸ்கார்ட்ஸ் லிமிடெட் , லிமிடெட் தலைவர் , நிர்வகித்தல் இயக்குனர் நிகில் நந்தா ,