ESCORTS KUBOTA LTD GROUP CFO

Confidence Booster? Adani Ports among top 10 cos to see highest promoter buying in Q1

The 10 companies that saw highest buying by promoters from the open market in the last quarter, has Adani Group’s cash cow Adani Ports and Special Economic Zone at the top of the list.

Confident Escorts Kubota can sustain 14% margin going forward: Bharat Madan

Indian engineering conglomerate Escorts expects sustainable growth in its three core businesses for the rest of the year with its 16-17% margin forecast for the railway sector viewed as sustainable, according to CFO Bharat Madan. While it may not achieve the 20% margin seen in Q1 due to varying product mixes, expansion of demand will push growth next year. Mid-single digit growth is predicted for both the tractor and domestic industries, although subdued demand will continue in overseas markets due to general recessionary conditions.

Godrej Consumer & Reliance can go places, says Sudip Bandyopadhyay. Here’s why

According to Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, stocks worth looking at include Godrej Consumer and Reliance Industries, both of which have been hovering in a range for the last five to six years. With Godrej Consumer, the new management and well-spread-out business across different geographies in the world are reasons to expect a breakout. As for Reliance Industries, the company's multiple businesses will be segregated over time, leading to a significant upward value movement.

Super Stars! These 44 stocks gave over 1,000% returns during Modi government’s 9-year stint

Indian Prime Minister Modi's influence on investors is evident in India's stock market performance. During his nine-year stint, India saw record inflows from both domestic and foreign investors. An analysis by ETMarkets of the last nine years' star performers found that 44 stocks from the Nifty500 index delivered over 1,000% returns in this period. The list includes Bajaj Finance, Bajaj Finserv, and Tanla Platforms. Stocks in the auto ancillary, capital goods, engineering, infrastructure, and chemicals sectors also benefited from the ruling government's policies. However, experts warn that global headwinds and upcoming general elections may create volatility in the markets.

Working into the sunset: Indian honchos whose life motto seems to be 'never tire, never retire'

It is not just about financial benefits, they say. Many admit it is tough to not have a major work commitment to wake up to every morning after years of hectic work schedules, travel and meetings.

Escorts Kubota to recover from margin pressure in next few quarters: Bharat Madan

"On the top line, we have no complaints. Industry as a whole is performing very well. Tractors are growing, this quarter also looks like it will have good growth numbers for the tractor industry and the same also goes for the infrastructure side, the construction equipment and railway business too."

Stocks in news: Adani Wilmar, Shree Cement, LIC, IRCTC, Zomato

Adani Wilmar's consolidated net profit rose 16% year-on-year to Rs 246 crore for the three months ended December period. Revenue from operations increased 7% year-on-year to Rs 15,438 crore in the December quarter.

Can Kubota do with Escorts what Suzuki did with Maruti in India?

"So in our medium-term business plan we are aspiring to grow 2.5 times, and that growth will not come without products, so technology is going to be one of the key focuses. So we are going to create a global research and development center, and we have also given our aspiration of setting up a Greenfield project."

Make in India & how Escorts Kubota will grow 2.5 times by FY28

“The Escorts-Kubota partnership is very strategic. Escorts makes heavy-duty tractors; Kubota makes lightweight tractors and we are also in our medium-term business plan talking about setting up a global R&D. We are going to compliment our skill sets and create products which are going to be unique and provide solutions and applications to consumers within and outside India. Small, large, heavyweight, lightweight – whatever is needed in Indian and global context.”

ETMarkets Fund Manager Talk: This money manager picks stocks based on Re-VIEW Strategy

"Retail investors are becoming more and more mature. Thanks to reforms in communication technology and social media. Also, the regulators are constantly ensuring the retail investors' safety is taken care. With information, advisory and trade execution just a click away new generation (young population) are adapting to the Investment plan at an early stage."

Stocks in the news: Coal India, RIL, Titan, SBI, Power Grid, GAIL, Cipla and Tata Motors

Coal India, Divi's Labs, BPCL, Paytm, AB Capital, Sundaram Finance, Tata Teleservices, Vinati Organics, KRP Mills, Endurance Tech, PB Fintech and Affle are among the companies that will announce their results for September 2022 quarter today.

BSE500 in consolidation mode, but these 14 stocks rallied up to 44% this week

The truncated week saw the market consolidating with BSE500 edging 0.34 per cent up to 24,232. The benchmark indices managed to shrug off weakness in US stocks during the week.

Partnership with Japan will boost India's manufacturing prowess, says Maruti Suzuki chairman RC Bhargava

Speaking to PTI, Bhargava said," I believe that India Japan partnership, which we have seen in Maruti Suzuki and some other areas, is becoming stronger, and more and more Japanese companies are getting interested in investing in India, partnering with Indian companies."

Interest rate hike unlikely to impact tractor demand, says Escorts Kubota Group CFO Bharat Madan

"There is a marginal impact on demand...We don't see any significant impact on the demand side because of interest rate hikes," Madan told PTI. He was responding to a query on how the interest rate hike by the RBI could impact tractor sales. Escorts Kubota is a farm equipment manufacturer.

Bharat Madan on Escorts' falling market share, margin levels & Kubota synergy

“In the past, there was more focus on the margin also because in the last five, six years, the company has turned around on the profitability front. Now there will have to be a correct balance between the right level of profitability and the market share which is what the company’s mantra is going to be going forward.”

Stocks in the news: Bajaj Auto, HDFC, Shriram Transport, DRL and Escorts

Bajaj Auto, the two-wheeler maker said that the Board of Directors on June 14 will consider a proposal for buyback of fully paid-up equity shares. It might be the first buyback announcement by the company since 2000.

Escorts plans capital expenditure of Rs 350-400 crore this financial year

Group chief financial officer Bharat Madan told ET that the outlook for all its three business verticals — agri machinery, construction equipment and railways — was positive as the market was witnessing a recovery.

Escorts lines up Rs 400 cr capex for FY23; eyes higher exports of electric tractors in 5-6 yrs

Escorts has lined up a capex of up to Rs 400 crore for the ongoing fiscal for new product introduction and creation of production capacity for the same, according to a senior company official. The company, which has started exporting electric tractors to markets like the US and Europe, expects it to contribute up to 15 per cent of its overall overseas shipments in the next five to six years.

Escorts net falls 26% to Rs 202.2 crore in Q4FY22

Total revenue from operations during the quarter under review fell 15.8% at Rs 1,861.4 crore, on back of decline in sales of tractors and construction equipment.

Nanda family, Kubota to run Escorts jointly

The Nanda family will, following a second capital-reduction and an open offer, hold 14%, while Kubota will hold over 50% stake in Escorts. After the open offer closes in April-May, the two joint ventures in manufacturing and sales-and-marketing that Escorts has with Kubota will be merged into the mother company and the combined entity will be renamed Escorts Kubota.

Rerating likely for Escorts stock after deal with Kubota

With Kubota’s entry, analysts are likely to ascribe a valuation similar to that of a multinational company (MNC) to Escorts.

Japan's heavy equipment leader Kubota may raise stake in Escorts

Japanese agriculture and heavy equipment firm Kubota Corp is in talks with the Nanda family - promoters of India's Escorts Ltd - to increase its stake and eventually become a controlling shareholder in the tractor maker and engineering construction company, said people aware of the

Escorts hiked prices to pass on inflation in commodity prices: Bharat Madan