Escorts Kubota Ltd - Strong Q4 EBITDA Margins Led by Growth in the CE Business
Hence, awaiting more clarity, we maintain our HOLD rating on the stock with a limited upside potential of 2% from the CMP. We suggest a ‘BUY on...
360 Views
Escorts Kubota Ltd - Q3: Strong EBITDA Margins; Muted Agri Business in the Short Term
The company reported Adjusted PAT of ~Rs 284 Cr (up 57%/27% YoY/QoQ), inline with our estimates (1% beat) led by higher share of profit from...
392 Views
Escorts Kubota Ltd - Operational Efficiencies To Drive Bottomline; Maintain BUY
Escorts Kubota Ltd. (EKL) reported revenue of Rs 2,059 Cr (up 9% YoY but down 12.6%QoQ) in Q2FY24, a slight miss on our estimates by 2% on lower...
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Escorts Kubota Ltd - Overall Beat – Focus on Operational Efficiencies
EBITDA Margins (up ~400/350 bps YoY/QoQ) beat estimates by 280 bps mainly on account of the full impact of the price hikes taken in Q4FY23
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Auto Monthly Volume April 2024
The 2W industry reported strong domestic volume growth of ~31%/19% YoY/MoM and export volume growth of 24% YoY (flat MoM) respectively.
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