Short Term Stock Option: Buy ESCORTS AUGUGT

• August 11, 2021
• By Dipankar Sardar
• 152 Views 701 comments

Escorts Limited is an Indian multinational conglomerate and automotive engineering company that operates in the sectors of agri-machinery, construction machinery, material handling, and railway equipment. Its headquarters are located in Faridabad, Haryana. The company was launched in 1944 and has marketing operations in more than 40 countries. Escorts Limited’s management team includes Nikhil Nanda as the Chairman and Managing Director.^[1][2][3] Escorts manufactures tractors, automotive components, railway equipment, and construction and material handling equipment. Escorts Limited was originally founded as Escorts Agents Ltd. in 1944 by brothers Har Prasad Nanda and Yudi Nanda. They started a family owned business, Nanda Bus Company, in Jammu. Escorts Limited was founded in 1960 after the company set up its manufacturing base at Faridabad and began manufacturing x-ray machines with Westinghouse and heating elements with Elpro . Agri Machinery was launched in 1960. The company manufactures tractors under the brand names Farmtrac, Powertrac, and Steeltrac.^[4] The first Escorts tractors were produced in 1961 based on Ursus license.^[5] In 1969, a partnership with Ford was set up to produce licensed Ford tractors for India. Escorts Construction Equipment manufactures and markets construction and material handling equipment like pick-and-carry cranes, backhoe loader, vibratory rollers, and forklifts. The manufacturing and assembly facility is located in Sec 58, Faridabad construction machinery, material handling, and railway equipment. Its headquarters are located in Faridabad, Haryana. The company was launched in 1944 and has marketing operations in more than 40 countries. Escorts Limited’s management team includes Nikhil Nanda as the Chairman and Managing Director.^[1][2][3]  manufactures tractors, automotive components, railway equipment, and construction and material handling equipment. Escorts Limited was originally founded as Escorts Agents Ltd. in 1944 by brothers Har Prasad Nanda and Yudi Nanda. They started a family owned business, Nanda Bus Company, in Jammu. Escorts Limited was founded in 1960 after the company set up its manufacturing base at Faridabad and began manufacturing x-ray machines with Westinghouse and heating elements with Elpro . Agri Machinery was launched in 1960. The company manufactures tractors under the brand names Farmtrac, Powertrac, and Steeltrac.^[4] The first Escorts tractors were produced in 1961 based on Ursus license.^[5] In 1969, a partnership with Ford was set up to produce licensed Ford tractors for India. Escorts Construction Equipment manufactures and markets construction and material handling equipment like pick-and-carry cranes, backhoe loader, vibratory rollers, and forklifts. The manufacturing and assembly facility is located in Sec 58, Faridabad

Script Name –ESCORTS

Expire Date-AUGUST

Strike Price- CE 1260.00

Buy Price – 28.5-29.5

Profit Target-58

Stop Loss- 13.50

Call Duration-Short Term

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