Escorts plunges 3% on Q3 numbers

Total Income has decreased from Rs. 10612.396 mn for the quarter ended December 31, 2014 to Rs. 9011.575 mn for the quarter ended December 31, 2015.

Escorts Ltd stock was down by 3% at Rs.127. The Company hposted a net profit of Rs. 204.990 million for the quarter ended December 31, 2015 as compared to Rs. 356.860 mn for the quarter ended December 31, 2014. 

Total Income has decreased from Rs. 10612.396 mn for the quarter ended December 31, 2014 to Rs. 9011.575 mn for the quarter ended December 31, 2015.

The scrip opened at Rs. 130 and has touched a high and low of Rs. 130 and Rs. 127.25 respectively. So far 90623(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1618.06 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 189 on 23-Oct-2015 and a 52 week low of Rs. 101.6 on 16-Jun-2015. Last one week high and low of the scrip stood at Rs. 138.15 and Rs. 128.35 respectively.

The promoters holding in the company stood at 43.01 % while Institutions and Non-Institutions held 12.22 % and 44.77 % respectively.

The stock is currently trading above its 100 DMA.