Escorts share price settled above 7 per cent at Rs. 320.75. The stock opened at Rs. 298.95 and touched the day’s high and low at Rs. 324 and Rs. 293.50. Approximately 29,82,140 shares were traded on the counter with a traded value of Rs. 9,305.77 lacs, as per NSE.
Escorts Ltd's Agri Machinery Segment (EAM) in December 2016 sold 3,187 tractors facing a growth of 15.8 per cent against 2,751 tractors in December 2015. Domestic tractor sale for the month of December 2016 was up by 11.6 per cent at 3,043 tractors as compared to 2,727 tractors in December 2015. Export for the month of December 2016 increased by 500 per cent at 144 tractors against 24 tractors in December 2015.
Stock Commentary:
Escorts share price is currently trading at Rs 319.95, up by Rs 23 from its previous closing of Rs 296.70 on the NSE. The current market cap of the company is Rs 3636.86crore.
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