Escorts Rating
KOTAK INSTL EQ ON ESCORTS : 17.05.2021
* Kotak Instl Eq has a Buy call On Escorts as it expects tractor industry to show strong growth over next 2 yrs
* MAINTAIN BUY TARGET: 1,700
* Tractor Volumes Likely To Grow In FY22 Despite Near term Headwinds
* EBITDA Above Our Estimate, Led By Better than-expected Revenue
* Expect Tractor Industry To Show Strong Growth Over Next 2 Yrs
