Escorts Kubota Ltd News

Escorts extends fall; sheds 11% in 2 wks on weak Q3 operational performance

While management remains optimistic about near-term demand and has completed channel inventory rationalization, regaining lost market share will be critical, according to analysts.

Escorts Kuborta slips 5% on weak Q3 operational performance; buy or sell?

The company earnings before interest, tax, depreciation, and amortisation (Ebitda) for the third quarter stood at Rs 335.3 crore, up 3.6 per cent as against Rs 323.8 crore in the corresponding quarter

Escorts Kubota shares slip 3% on weak domestic auto sales in December 2024

Escorts share price: Escorts Kubota said its December 2024 sales fell 10.8 per cent year-on-year (Y-o-Y) to 5,472 units compared with 6,136 units sold in December 2023

Auto shares in demand; Escorts, Tata Motors, Eicher, M&M rally up to 5%

In the past six months, the auto index on both the BSE and NSE has underperformed the market by falling 8 per cent, compared to the 0.34 per cent decline in the benchmark indices Sensex and Nifty

Tractor industry festive sales may grow 8-10% in FY25: Escorts Kubota CFO

Tractor sales in the festive months, spanning from September to November, are expected to grow 8-10 per cent this year on the back of good monsoon lifting market sentiments, according to farm and construction equipment firm Escorts Kubota Ltd whole-time director and CFO Bharat Madan. After a soft first half, the tractor industry is expected to gain momentum in the second half of the ongoing fiscal, growing in double digits, leading to an overall mid-single digit growth for the full year, he told PTI. "If you look at (festive) season months, which we normally count as September to November, we expect there'll be a growth of 8 to 10 per cent this year over last year's season months," Madan said. He was responding to a query on how tractor sales in the industry fared during the festive season. The festive season months account for about 40-45 per cent of the industry sales, he said, adding that this year, "in terms of volume, the industry will be somewhere around 3,25,000 tractors" fo

Nifty pivot at 24,500; FIIs trim shorts, net buyers in F&O for last 4 days

F&O cues for Oct 29: Analysts expect the Nifty to extend gains in case of sustained trade above 24,500 levels; key support on the downside seen at 24,100.

Analysts expect short-covering in Nifty; FIIs trim Bank Nifty bearish bets

F&O cues for Oct 25: The PCR data suggests 'max pain' for Nifty at 24,450 and for Bank Nifty at 51,700, said Dhupesh Dhameja of SAMCO Securities.