Shares of Escorts touched 52-week low of 452.70, falling nearly 4 percent in the early trade on August 1 on the back of poor sales in the month of July 2019.
Escorts’ Agri Machinery Segment (EAM) in July 2019 sold 4,860 tractors against 5,610 tractors sold in July 2018.
Domestic tractor sales in July 2019 at 4,505 tractors against 5,483 tractors in July 2018.
Export for the month of July 2019 at 355 tractors registering a growth of 179.5 percent as against 127 tractors sold in July 2018.
News Source : Moneycontrol