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Tag: gains

Quantity outlook to help beneficial properties for Escorts inventory, infra push is essential

Fiscal 21 was a strong year for tractor manufacturers as the segment is the only one to see double-digit growth in all segments of the automotive space. For escorts, who generate over 80 percent of their sales in this segment, last year was a record year in which they sold more than one lakh tractor Read More
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Escorts earmarks highest ever gross sales of 1 lakh tractors this fiscal; Inventory positive aspects

Escorts said on Thursday that Escorts Agri Machinery (EAM) had achieved groundbreaking sales of 1,00,000 tractors in the current financial year. With the most recent outstanding sales, the EAM has surpassed the highest sales to date for the entire 2018-19 financial year. Escorts said, “We are grateful to our customers, dealers, suppliers, employees, and everyone Read More
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Escorts positive factors after tractor gross sales leap 30% YoY in Feb

The Escorts Agri Machinery segment (EAM) sold 11,230 tractors in February 2021, the highest turnover ever in February, and grew 30.6% from February 2020. As a result, the company’s tractor sales increased 24.5% from 9,021 units sold in January 2021. Domestic tractor sales stood at 10,690 tractors in February 2021, growing 32.8% from 8,049 tractors Read More
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BSE Auto pares early features however holds regular; Bosch prime gainer; Escorts, Tata Motors in a selloff

The auto stock index remained stable on Wednesday with positive benchmarks. At around 11:58 p.m., BSE Auto was trading at 23,435.39 by 21.20 points or 0.09%. However, the index lagged behind Sensex, which was trading at 50,034.74 while gaining 283.33 points or 0.57%. In early deals, the BSE Auto gained nearly 297 points after an Read More
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