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Escorts
Remarks : Escorts is one of the pioneer manufacturers and exporters of agri machineries. It is also the third largest
tractor manufacturer in India with a market share of ~12%.
Over the years, Escorts has exited its non-core businesses which was one of the reasons for the stagnant
growth phase in the company vis-à-vis its competitors.
The company is now planning to do a capex of Rs100-120 crore over the next two years to increase its
tractor assembly capacity by approximately 11%.
After the recent correction in the stock price, it offers a good entry point for investors. So Escorts looks
a good bet for a turnaround.
click link below for COMPLETE list, details of other company in Mahurat Picks for Diwali 2011 ::ShareKhan
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