Escorts Kubota Limited Construction Equipment volume grew by 131.1 percent in August 2023

Escorts Kubota Limited Construction Equipment Business Division in August 2023 sold 520 machines, registering a growth of 131.1 percent as against 225 machines sold in August 2022.

With the sustained pace of ongoing infrastructure projects execution, demand for construction machinery continued to be buoyant in the traditionally lean month of August. Going forward, post monsoon, we expect the Construction equipment industry growth momentum to accelerate further propelling the country's overall growth and development.

Shares of Escorts Kubota Limited was last trading in BSE at Rs. 3158.60 as compared to the previous close of Rs. 3274.00. The total number of shares traded during the day was 48074 in over 3915 trades.

The stock hit an intraday high of Rs. 3263.60 and intraday low of 3123.50. The net turnover during the day was Rs. 152859839.00.

Source : Equity Bulls

Keywords

EscortsKubota INE042A01014 ConstructionEquipment SalesVolume August2023