Escorts Agri Machinery sold 10,051 tractors in June 2022

Escorts Kubota Limited Agri Machinery Segment (EAM) in June 2022 sold 10,051 tractors as against 12,533 tractors sold in June 2021.

Domestic tractor sales in June 2022 were at 9,265 tractors as against 11,956 tractors sold in June 2021. Industry wholesales were impacted during month of June 2022 due to high base of last year. With onset of monsoon, and likely record kharif crop production, rural liquidity and farmer sentiments are expected to gradually improve.

Export tractor sales in June 2022 was at 786 tractors against 577 tractors sold in June 2021, registering a growth of 36.2%.

Shares of Escorts Limited was last trading in BSE at Rs. 1465.60 as compared to the previous close of Rs. 1442.15. The total number of shares traded during the day was 9409 in over 1301 trades.

The stock hit an intraday high of Rs. 1471.25 and intraday low of 1424.55. The net turnover during the day was Rs. 13627335.00.

Source : Equity Bulls

Keywords

EscortsKubota AgriMachinerySegment INE042A01014 SalesVolume June2022 Tractors