Escorts Kubota Construction equipment registers 28.8% growth in Nov 2022

1 Dec 2022 , 11:12 AM

Escorts Kubota Limited Construction Equipment Segment in November 2022 sold 402 machines, registering a growth of 28.8% as against 312 machines sold in November 2021.

In a regulatory filing, the company said, “Post monsoon demand has started picking up and going forward, with big tail of projects under various stages of execution, we expect demand to remain positive on Construction Equipment for balance of this fiscal year too.”

At around 11:15 AM, Escorts Kubota Ltd is currently trading at Rs2,332.35 per share up by Rs46.05 or 2.01% from its previous closing of Rs2,286.30 per share on the BSE.

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