Escorts Ltd transfers leasehold rights of Pant Nagar plant

Escorts Ltd has transferred its leasehold rights at its Manufacturing Plant at Pant Nagar, Rudrapur - 263 145, Uttarakhand along with the buildings constructed thereon and idle plant & machinery, as part of its endeavour to monetize unutilized / underutilized assets and free up its capital resources for more productive utilization elsewhere for business growth.

The company stays committed to its plans, and business continues to offer good growth potential.

Shares of Escorts Limited, was last trading in BSE at Rs. 1345.7 as compared to the previous close of Rs. 1365.9. The total number of shares traded during the day was 50307 in over 2848 trades.

The stock hit an intraday high of Rs. 1378.95 and intraday low of 1340.6. The net turnover during the day was Rs. 68300970.

Source : Equity Bulls

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