• OPEN AN ACCOUNT
Indian Indices
Nifty
18,256.95 -51.15
(-0.28%)
Sensex
61,226.33 -82.58
( -0.13%)
Bank Nifty
38,293.25 77.10
( 0.20%)
Nifty IT
38,715.40 -89.55
( -0.23%)
Global Indices
Nasdaq
14,893.75 86.94
(0.59%)
Dow Jones
35,911.81 -201.81
(-0.56%)
Hang Seng
24,218.03 -165.29
(-0.68%)
Nikkei 225
28,333.52 209.24
(0.74%)
Forex
USD-INR

(%)
EUR-INR

(%)
GBP-INR

(%)
JPY-INR

(%)

EQUITY - MARKET SCREENER

Finolex Cables Ltd
Industry :  Cables - Power
BSE Code
ISIN Demat
Book Value()
500144
INE235A01022
201.6320829
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
FINCABLES
21.14
8108.08
EPS(TTM)
Face Value()
Div & Yield %
25.08
2
1.04
 

Escorts Ltd
Escorts Agri Machinery records 30% decline in tractor sales
Dec 01,2021
Escorts Agri Machinery (EAM) in November 2021 sold 7,116 tractors as against 10,165 tractors sold in November 2020, a drop of 30% year-on-year.

Domestic tractor sales in November 2021 was at 6,492 tractors as against 9,662 tractors in November 2020. Delayed harvest of Kharif crops owing to late monsoon rains this year affected the rural cash flows and hence the retail demand. This we believe is a temporary phenomenon and cash flows should start improving soon as Kharif harvest gets fully monetized. Industry wholesale in November was further impacted by post-season channel destocking. Going forward all macroeconomic factors remain in favour of the tractor industry. However high inflation remains a worry impacting profitability.

Export tractor sales in November 2021 was at 624 tractors against 503 tractors sold in November 2020, registering a growth of 24.1%.