Agri Machinery, division of Escorts Kubota Limited, shall be increasing the prices of its tractors effective 10th July 2022.
There has been a steady rise in commodity prices necessitating a price hike to partially offset the rise in input cost due to continuing inflation.
The increase in prices would vary across models and variants.
Shares of Escorts Limited was last trading in BSE at Rs. 1562.35 as compared to the previous close of Rs. 1500.90. The total number of shares traded during the day was 13879 in over 1457 trades.
The stock hit an intraday high of Rs. 1566.75 and intraday low of 1504.80. The net turnover during the day was Rs. 21486507.00.