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Escorts Kubota slips to a 9-mth low, down 27% from record high hit in April

The stock traded lower for the third straight day has fallen 9 per cent during this period; it aslo turned ex-dividend for Rs 7 per share on Thursday.

Topics
Buzzing stocks | Escorts | Market trends

SI Reporter  |  Mumbai 



Escorts-tractor
Escorts-tractor

Shares of Kubota hit a nine-month low of Rs 1,422, down nearly 4 per cent on the BSE in Thursday’s intra-day trade amid concerns over delay in near-term demand momentum due to sustained raw material cost inflation. Meanwhile, the stock also turned ex-date for final dividend of Rs 7 per share today.

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First Published: Thu, June 30 2022. 11:20 IST

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