Escorts Kubota Ltd Construction Equipment volume grew by 57.0 percent in October 2023

Escorts Kubota Limited Construction Equipment Business Division in October 2023 sold 603 machines, registering a growth of 57.0 percent as against 384 machines sold in October 2022.

Growth momentum continues across all product segments, led by faster execution of ongoing projects, coupled with increase of bank credits in the sector and positive macroeconomics environment. Going forward we expect similar growth momentum to continue for the remaining part of the current fiscal.

Shares of Escorts Kubota Limited was last trading in BSE at Rs. 3133.50 as compared to the previous close of Rs. 3165.55. The total number of shares traded during the day was 4859 in over 685 trades.

The stock hit an intraday high of Rs. 3183.75 and intraday low of 3127.00. The net turnover during the day was Rs. 15308454.00.

Source : Equity Bulls

Keywords

EscortsKubota INE042A01014 SalesVolume ConstructionEquipment October2023