Escorts Kubota Ltd Construction Equipment volume grew by 68.1 percent in December 2023

Escorts Kubota Limited Construction Equipment Business Division in December 2023 sold 711 machines, our highest ever monthly sales registering a growth of 68.1 percent as against 423 machines sold in December 2022.

With increased infrastructure development projects across the country, the construction equipment industry has displayed robust performance across all segments in the current fiscal. Going forward with government thrust on faster execution of projects along with adoption of advanced technologies and sustainable practices, we expect current demand momentum to continue in the remaining part of this fiscal.

Shares of Escorts Kubota Limited was last trading in BSE at Rs. 2967.15 as compared to the previous close of Rs. 2985.95. The total number of shares traded during the day was 17225 in over 1591 trades.

The stock hit an intraday high of Rs. 3024.35 and intraday low of 2957.50. The net turnover during the day was Rs. 51597477.00.

Source : Equity Bulls

Keywords

EscortsKubota INE042A01014 SalesVolume ConstructionEquipment December2023