Escorts Ltd Multibagger 3 yrs Time frame Long Term Investment

Escorts Ltd Multibagger 3 yrs Time frame

• The Escorts Group, is one of the leading engineering conglomerates .It operates in sectors like agri-machinery, construction & material handling equipment, railway equipment and auto components.

• Escorts is one of the leading tractor manufacturers of the country. It offers a comprehensive range of tractors, more than 45 variants starting from 25 to 80 HP. Escort, Farmtrac and Powertrac are the widely accepted and preferred brands of tractors from the house of Escorts.

• Escorts also manufacture and market a diverse range of equipment like cranes, loaders, vibratory rollers and forklifts. Escorts today is the world's largest Pick 'n' Carry Hydraulic Mobile Crane manufacturer.

• Escorts is a leading manufacturer of auto suspension products including shock absorbers and telescopic front forks which are widely used by OEM manufactures in India.

• Companies sales has increased from 2700 Crores to 3950 crores in past 5 years a growth of 9%

• With poor monsoons last year the company had a tough time with no growth. But with good monsoon predicted this year and the growth will pick up.

• Also ICRA Credit rating agency has upgraded the rating of Longterm debt to A- which shows companies good track record. Also Rakesh JhunJhunwala is one of the investor in this stock.

• With Huge investment allocated in Budget for Agri sector,Escorts will be one of the companies to benefit from. So one can invest in this stock with 3 years time fram for Multibagger Outputs.