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Escorts, M&M: Tractor stocks could see 20-30% upside, charts suggest

 Auto stocks came under investors' radar on Friday as original equipment manufacturers (OEMs) began reporting sales figures for the month of December. Nifty Auto index was ruling near day's high, up 0.6 per cent at 9,251.75 levels, at 10:50 am as against a 0.35-per cent rise in the Nifty50 index. Among individual stocks, shares of Escorts advanced 4 per cent at Rs 1,310 on the BSE in early morning trade on Friday after the company registered a strong 88 per cent year-on-year (YoY) growth in tractor sales at 7,733 units for the month of December. The tractor sales during the mo.....

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