Escorts Kuborta slips 5% on weak Q3 operational performance; buy or sell?

Quick Summary:

The company earnings before interest, tax, depreciation, and amortisation (Ebitda) for the third quarter stood at Rs 335.3 crore, up 3.6 per cent as against Rs 323.

As per Motilal Oswal, operational performance disappointed as Ebitda margin declined due to an unfavorable mix and low average selling price (ASP).

Around 10:28 AM, Escort Kubota share price was down 3.4 per cent at Rs 3,193 per share on BSE.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Nifty Markets Escorts kubota share price Q3 results today Escorts kubota share price target Escorts kubota q3 results Bse Q3 results Nse Buzzing stocks Escorts kubota results Market today Escorts kubota share Sensex

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News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 11:04:50 (17 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 479 words

Reading Time: 3 minutes read

Sentences: 23 lines

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Copyright Owner: © Business Standard

News ID: 26068362

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