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Buy MM Forgings; target of Rs 1162: CD Equisearch

CD Equisearch is bullish on MM Forgings has recommended buy rating on the stock with a target price of Rs 1162 in its research report dated April 19, 2023. ....

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Hold CCL Products (India); target of Rs 597: CD Equisearch

CD Equisearch recommended hold rating on CCL Products (India) with a target price of Rs 597 in its research report dated April 13, 2023. ....

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Reduce Escorts Kubota; target of Rs 1575: CD Equisearch

CD Equisearch recommended reduce rating on Escorts Kubota with a target price of Rs 1575 in its research report dated March 24, 2023. ....

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Broker's call: Escorts (Buy) - The Hindu BusinessLine

Broker s call: Escorts (Buy)
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Updated on
CMP: ₹1313.80
The Indian tractor industry has been benefited by structural reforms in the agriculture sector, including easier availability of institutional credit, introduction of new agri schemes such as Paramparagat Krishi Vikas Yojana, Pradhan Mantri Gram Sinchai Yojana and Sansad Adarsh Gram Yojana. Increase in minimum support prices and approval of the National Mission on Food Processing augurs well too the agrarian economy.
Other demand-supporting factors over the last few years have been consistent growth in horticulture production, after armers felt the need to diversify their sources of income. This has fuelled demand for increased mechanisation solutions for orchards, vineyards and other horticulture crops. ....

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