Escorts Kubota Limited Construction Equipment volume grew by 53.0 percent in June 2023

Escorts Kubota Limited Construction Equipment Business Division in June 2023 sold 491 machines, registering a growth of 53.0 percent as against 321 machines sold in June 2022.

Government thrust and focus on faster execution of infrastructure projects continued in June 2023 despite the onset of monsoon. Demand for construction machinery is still buoyant and post monsoon, we expect the momentum to further accelerate.

Shares of Escorts Limited was last trading in BSE at Rs. 2247.85 as compared to the previous close of Rs. 2194.40. The total number of shares traded during the day was 16018 in over 2143 trades.

The stock hit an intraday high of Rs. 2260.00 and intraday low of 2187.65. The net turnover during the day was Rs. 35751062.00.

Source : Equity Bulls

Keywords

EscortsKubota INE042A01014 CommercialVehicles ConstructionEquipment BusinessDivision June2023