Escorts Kubota Limited sold 9,593 tractors in June 2024

Escorts Kubota Limited Agri Machinery Business Division in June 2024 sold 9,593 tractors as against 9,850 tractors sold in June 2023.

Domestic tractor sales in June 2024 were at 9,359 tractors, registering a growth of 1% as against 9,270 tractors sold in June 2023. Sales in our key market saw a delayed pick-up in retail season and now the season is expected to continue into larger part of July as well. With the monsoon progressing well and continuing Government support, including an increase in Minimum Support Price (MSP), we anticipate demand to improve in coming months.

Export tractor sales in June 2024 were at 234 tractors as against 580 tractors sold in June 2023.

Shares of Escorts Limited was last trading in BSE at Rs. 4143.90 as compared to the previous close of Rs. 4148.65. The total number of shares traded during the day was 7403 in over 1675 trades.

The stock hit an intraday high of Rs. 4236.00 and intraday low of 4130.85. The net turnover during the day was Rs. 30979465.00.

Source : Equity Bulls

Keywords

EscortsKubota INE042A01014 CommercialVehicles AgriMachinery SalesVolume June2024 Tractors