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But Escorts shares did not react favourably to the excellent Q4 result. This may be rural escorts the overall revenue and profit was just in line with expectations.

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That Escorts Ltd would stage a strong performance in the March rural escorts Q4especially for srilanka women sex agri-machinery division, was well known.

What came as a pleasant esccorts to investors was the rural escorts and profit margin growth in the other two divisions—railway equipment and construction equipment. Ebitda earnings before interest, tax, depreciation and amortization margin skyrocketed by basis points rural escorts The agri-machinery division, whose sales account for about three-fourths of consolidated revenue, was blessed for the last several quarters by favourable monsoon rains that improved demand for tractors and farm equipment.

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Rural escorts equally strong jump in margins of railway equipment supported overall growth. Until a few quarters back, this division was making losses.

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The construction equipment business rural escorts a basis points margin expansion. Now, Escorts is firing on rural escorts cylinders. As a result, Ebitda nearly doubled to Rs And profit after tax too revved up dscorts times from the year-before level. Nevertheless, the stock did not react favourably to the excellent Q4 results.

Escotrs, at Rs, rural escorts stock already trades at a rich valuation rural escorts 23 times the estimated earnings for fiscal year and has widely outperformed the benchmark indices. And from here on, there are some uncertainties, especially in the next months.

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A lot of the revenue growth will depend on the allocation by the rural escorts for infrastructure development. Investors are unsure how order flows will pan out given that the periods immediately before and after the general election normally see a dip in rural escorts activity.

rural escorts This might impact rura such as railways and construction equipment. Moreover, one must note that Escorts is now riding on a high base that could slow down growth rates.

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