Escorts Ltd becomes first company to get Budni Certification in India for Electric Tractor

Escorts Ltd, India's leading engineering conglomerate, Agri machinery Division (EAM) on January 18, 2019 got certification from Central Farm Machinery Training and Testing Institute, Budni for its Electric Tractor with the description "ESCORTS LIMITED, Farmtrac (26E) AGRICULTURE TRACTOR manufactured by M/s. Escorts Limited" that the same complies with the provision of Central Motor Vehicles rules, 1989.

Three years ago, in 2017, we had showcased futuristic and eco-friendly electric tractor concept in variants of Mechanical & Hydrostatic power transmission platform for sustainable and green agriculture. We started export of these tractors in 2019 and now with this certification, will be launching in domestic market too. The launch and other details will be shared soon.

Escorts limited is the first and the only company to receive the CMVR certificate (Central Motors vehicles rules,1989) in India for the Electric Tractor.

Shares of ESCORTS LTD. was last trading in BSE at Rs.1266.45 as compared to the previous close of Rs. 1321.05. The total number of shares traded during the day was 60025 in over 3442 trades.

The stock hit an intraday high of Rs. 1339 and intraday low of 1256.95. The net turnover during the day was Rs. 77254589.

Source : Equity Bulls

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