Miss call 9015611166
 
Best Stock Tip

A1 Intraday tips Android App for Share Traders

Get APP link by sms


Join our Telegram Channel to Get Free Stock Tips for Life Time


Testimonial

Escorts Ltd share price today (on 4 October 2023).

We Provide Best stock tips for Escorts Ltd. A1 Intraday Tips is accurate share tips Provider Company in India in Nse market. A1 Intraday Tips, also provide Daily Charts with Nse Share Market current price of Escorts Ltd with today performance in nse market. Contact Us for Jackpot Stock tips.


Get Free Stock Tips for Escorts Ltd


BSE: 500495 | NSE: ESCORTS | ISIN: INE042A01014 Market Cap: [Rs.Cr.] 651 | Face Value: [Rs.] 10 Industry: Automobiles - Tractors

The company manufactures equipment for the core sectors of agriculture, transportation, construction and telecommunications and has achieved market leadership in each of the product categories.
Escorts Ltd is one of the pioneer manufacturer and exporter of Agri Machineries. The company manufactures and exports Tractors & Tractor Parts, Diesel Engines, Gears, Shafts, Gear Boxes, Engine Blocks, Crankshafts, Cylinder Heads, Connecting Rods and Spindles. They also offer brakes, couplers, shock absorbers, rail fastening systems, composite brake blocks and vulcanized rubber parts. The company through their subsidiaries operates in the ITES and financial services sectors. Escorts Ltd was incorporated in the year 1944 as Escorts Agents Ltd in Lahore. In the year 1951, Escorts established India's first private Institute of Farm Mechanisation at Delhi and in the year 1953, Escorts (Agents) Ltd and Escorts (Agriculture and Machines) Ltd merged to form Escorts Agents Pvt Ltd. The company was converted into a public limited company in December 1959 and subsequently the name was changed to Escorts Ltd in January 1960. In the year 1961, the company set up a manufacturing base at Faridabad for manufactures of tractors in collaboration with URSUS of Poland and launched Escort brand of tractors. Also, they made collaboration with CEKOP of Poland for manufacture of motorcycles and scooters. The first Rajdoot motorcycle rolls off the assembly line.
In the year 1969, Escorts Tractors Ltd made a technical and financial joint venture with the global giant Ford Motor Company, USA for manufacturing Ford tractors in India. And in February 1, 1971, the first tractor FORD 3000 rolled out of the factory. In the year 1977, the company set up their first independent R&D Center namely Escorts Scientific Research Centre at Faridabad. Also, they set up their second plant at Bangalore for manufacturing piston assemblies. In the year 1979, they made collaboration with JCB Excavators Ltd., UK for manufacture of excavators. In the year 1980, the company forayed into healthcare and set up Escorts Hospital and Research Center in Faridabad. In the year 1984, the company signed an agreement with the Japanese bike giant Yamaha to manufacture motorcycles with Yamaha technology. Also, they made collaboration with Jeumont Schneider of France and Dynapac of Sweden to manufacture EPABX systems and vibratory road compactors respectively.
In the year 1997, the company made a joint venture agreement with New Holland and launched Farmtrac Tractor. Also the made a joint venture with First Pacific Company of Hong Kong and formed Escotel Mobile Communications. In the year 1998, the company launched Powertrac tractors. They signed a MoU with Long Manufacturing Company of USA for setting up a Joint Venture in USA. In the year 1999, the company signed a MoU with a Polish Company POL-MOT for assembling, manufacturing and marketing of Farm Machinery. In September 1999, they set up a subsidiary namely, Escosoft Technologies Ltd in the Information Technology Sector. During the year 2001-02, the company sold their 26% shareholding in Yamaha Motors Escorts Ltd. They entered into an agreement with Claas KgaA, Germany, their joint venture partner in Escorts Claas Ltd for sale of their 60% equity in the joint venture for a consideration of Euro 13.2 million. During the year, Escorts Heart and Super Speciality Institute Ltd, Escorts Heart Centre Ltd, Automatrix India Pvt Ltd and Escorts Research and Development Ltd became the subsidiary companies.
During the year 2003-04, Escorts Heart Institute and Research Centre Ltd, a subsidiary company acquired 100% paid up equity capital of Escorts Hospital and Research Centre Ltd, which had multi-speciality hospital in Faridabad. In January 2004, the company entered into an agreement with Idea Cellular Ltd to divest their share in Escorts Telecommunication Ltd. During the year 2004-05, the Escotoonz Entertainment Pvt Ltd, a wholly owned subsidiary company completed the Project 'King-II' which was applauded in MIPCOM in France. In September 2005, the company entered into an agreement with Fortis Healthcare Ltd to divest their shares in Escorts Heart Institute & Research Centre Ltd for a consideration of Rs. 520 crore. During the year 2005-06, the company set up a new manufacturing facility in Rudrapur, Uttarakhand for manufacture of new range of railway equipment. The company sold their stake in the software companies and als divested 49% stake in the joint venture, Carraro India Ltd in which the company is getting out of all the unrelated business and to remain focused on the three core businesses. During the year 2006-07, the company embarked on entering into the manufacturing of shock absorbers for commercial vehicles.
According to the Consolidated - Audited financial statement for the Year of 2011, total net operating revenues increased with 23.48%, from INR 3,380.21 tens of millions to INR 4,174.01 tens of millions. Operating result increased from INR 210.92 tens of millions to INR 253.02 tens of millions which means 19.96% change. The results of the period increased 75.73% reaching INR 125.07 tens of millions at the end of the period against INR 71.17 tens of millions last year. Return on equity (Net income/Total equity) went from 4.22% to 6.98%, the Return On Asset (Net income / Total Asset) went from 3.18% to 5.52% and the Net Profit Margin (Net Income/Net Sales) went from 2.11% to 3.00% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 27.29% compared to 132.84% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.46 to 1.35 when compared to the previous year.


Easun Reyrolle Ltd ECE Industries Ltd EClerx Services Ltd Edelweiss Financial Services Ltd
Empee Distilleries Ltd Edserv Softsystems Ltd Educomp Solutions Ltd Eicher Motors Ltd
EID Parry (India) Ltd EIH Associated Hotels Ltd EIH Ltd Eimco Elecon (India) Ltd
Everest Kanto Cylinder Ltd Elder Pharmaceuticals Ltd Elecon Engineering Company Ltd Electrosteel Castings Ltd
Electrotherm (India) Ltd Elgi Equipments Ltd Elnet Technologies Ltd Emami Infrastructure Ltd


Our all Intraday stock tips
( Equity Cash, Nse Fno Call, Jackpot call, Sure shot call, BTST/STBT call / Nifty Tips / Bank Nifty Tips)
Under one plan with Unbelievable Lowest price
for Free Trial Give a Miss Call on 9015611166 or visit
A1 Intraday Tips

Emami Ltd Emco Ltd EMKAY Energy Development Company Ltd
Engineers India Ltd Entertainment Network (India) Ltd Entegra Ltd Eros International Media Ltd
Esab India Ltd Escorts Ltd Essar Oil Ltd Essar Ports Ltd
Ess Dee Aluminium Ltd Essel Propack Ltd Eurotex Industries and Exports Ltd Eveready Industries India Ltd
Everonn Education Ltd Everonn Education Ltd Excel Crop Care Ltd Excel Industries Ltd
Exide Industries Ltd


 

3 to 4 Share Tips & Stock Tips for Nse Intraday traders
to Earn daily Rupees 10000 to 15000
Our all call under in one plan
(Equity Calls, Fno, Jackpot, Sure Shot, Nifty, Bank Nifty Tips)



Nse Listed Companies with Live Charts

(Click on an alphabet below to get a list of nse listed companies
with live charts starting with that Alphabet.)

A B C D E F G H I J
K L M N O P Q R S T
U V W X Y Z