 "fiscal deficit, shares, downward ratio")
Shares of Escorts were trading 3 per cent lower at Rs 611 on Wednesday ahead of tractor sales numbers for December.
In November 2019, the agri-machinery segment of Escorts had registered 4.5 per cent decline in sales of tractors at 7,642 units. It had sold 8,005 units in November 2018. Domestic tractor sales in November 2019, dropped to 7,379 units against 7,641 units a year-ago, the company said in a regulatory filing.
During first eight months (April to November) of the financial year 2019-20 (FY20), Escorts had reported 7.3 per cent year-on-year (YoY) decline in total tractor sales
In November 2019, the agri-machinery segment of Escorts had registered 4.5 per cent decline in sales of tractors at 7,642 units. It had sold 8,005 units in November 2018. Domestic tractor sales in November 2019, dropped to 7,379 units against 7,641 units a year-ago, the company said in a regulatory filing.
During first eight months (April to November) of the financial year 2019-20 (FY20), Escorts had reported 7.3 per cent year-on-year (YoY) decline in total tractor sales
