Escorts Kubota Limited sold 5,614 tractors in August 2024

Escorts Kubota Limited Agri Machinery Business Division in August 2024 sold 5,614 tractors, registering a growth of 0.4 percent as against 5,593 tractors sold in August 2023.

Domestic tractor sales in August 2024 were at 5,205 tractors, registering a growth of 0.1% as against 5,198 tractors sold in August 2023. With the southwest monsoon progressing steadily, the replenishing water levels bode well for the upcoming rabi season. With continued Government support for the sector, we anticipate demand to accelerate in the coming festive months.

Export tractor sales in August 2024 were at 409 tractors registering a growth of 3.5 percent as against 395 tractors sold in August 2023.

Shares of Escorts Kubota Limited was last trading in BSE at Rs. 3855.80 as compared to the previous close of Rs. 3816.25. The total number of shares traded during the day was 1077 in over 224 trades.

The stock hit an intraday high of Rs. 3876.80 and intraday low of 3833.30. The net turnover during the day was Rs. 4148448.00.

Source : Equity Bulls

Keywords

EscortsKubota INE042A01014 CommercialVehicles AgriMachinery August2024 Tractors SalesVolume