Escorts falls as April sales disappoint

Reuters Mumbai | Updated on May 02, 2019 Published on May 02, 2019

Agriculture machinery maker Escorts Ltd's shares fell as much as 7.7 per cent to Rs 681.8 - the lowest in nearly two months.

More than 13 crore shares traded, about 3/4ths their 30-day average of 18 crore shares.

The company's agri machinery unit sold 5,264 tractors in April, down from 6,168 a year ago.

The company’s shares are up 4.7 per cent YTD as of last close.

Published on May 02, 2019
This article is closed for comments.
Please Email the Editor