Escorts Ltd. as a precautionary measure will temporally and selectively shutdown manufacturing operations across this weekend

At Escorts, safety and health of our employees, and wellness of our business ecosystem is of utmost importance. Considering COVID-19 spread escalation, as a precautionary measure, we will be temporarily shutting down our manufacturing operations, on selective basis, between 1st May 2021 and 3rd May 2021.

There will be no impact on fulfilling customer demand because of this as Company has sufficient inventory at hand. The shutdown period shall be utilized for routine plant maintenance with employees in essential services present on rotational basis.

Shares of ESCORTS LTD. was last trading in BSE at Rs.1130.25 as compared to the previous close of Rs. 1147. The total number of shares traded during the day was 122386 in over 5461 trades.

The stock hit an intraday high of Rs. 1161.4 and intraday low of 1127.05. The net turnover during the day was Rs. 139222790.

Source : Equity Bulls

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