Tractor demand set to revive from H2

Company
08 Nov 2024
5 Min read 
  • Stock changes: CMP decreased to INR 3,644, TP decreased to INR 3,560 (-2%)
  •  Financials: Sales and EBITDA expected to grow over the next few years
  •  Valuations: P/E, P/BV, and EV/EBITDA ratios are provided
  •  Shareholding pattern: Promoter, DII, FII, and others' holdings are detailed
  •  Tractor demand: Expected to revive in the second half of FY25
  •  Amalgamation impact: Margin dilution and EPS estimate reduction due to amalgamation with group companies
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