Escorts Kubota Ltd tractor volume grew by 2.5% in September 2024

Escorts Kubota Limited Agri Machinery Business Division in September 2024 sold 12,380 tractors, registering a growth of 2.5 percent as against 12,081 tractors sold in September 2023.

Domestic tractor sales in September 2024 were at 11,985 tractors, registering a growth of 5.7% as against 11,334 tractors sold in September 2023. With timely, widespread and above average monsoon leading to replenished water reservoir levels and favorable terms of trade, we anticipate good sales growth during second half of current fiscal year.

Export tractor sales in September 2024 were at 395 tractors as against 747 tractors sold in September 2023.

Shares of Escorts Limited was last trading in BSE at Rs. 4207.30 as compared to the previous close of Rs. 4269.00. The total number of shares traded during the day was 11219 in over 2714 trades.

The stock hit an intraday high of Rs. 4337.80 and intraday low of 4159.00. The net turnover during the day was Rs. 47426214.00.

Source : Equity Bulls

Keywords

EscortsKubota INE042A01014 CommercialVehicles AgriMachinery Tractors SalesVolume September2024