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Stocks that were in focus include names like Shoppers Stop which was down more than 12%, Escorts Kubota rose more than 2% to hit a fresh high and Mastek closed with gains of over 4% on Friday. ....
Stocks that were in focus include names like KEC International which pared some gains after hitting a 52-week high, Escorts Kubota also closed flat with a positive bias after hitting a fresh 52-week high and BSE pared gains and closed with a loss of nearly 1% on Wednesday. ....
Escorts Kubota Q4 results: Tractor volumes stood at 24,765 units, up 13.1 per cent YoY, with the segment revenue rising 13.6 per cent to Rs 1,557.50 crore. EBIT margin for the segment came in at 9.9 per cent against 15.4 per cent YoY.
The Escorts Kubota management plans to increase dividend payout and do buybacks by utilising up to 40% of profits, said Emkay Global. This brokerage has upped its FY24-25E EPS estimates by 1-2 ....