SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Escorts soars on entering into a JV with Amul Group for manufacturing Specialised Tractors

13 Apr 2015 Evaluate

Escorts is currently trading at Rs. 139.90, up by 6.20 points or 4.64% from its previous closing of Rs. 133.70 on the BSE.

The scrip opened at Rs. 134.35 and has touched a high and low of Rs. 140.40 and Rs. 134.00 respectively. So far 316518 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 174.25 on 29-Oct-2014 and a 52 week low of Rs. 102.15 on 08-May-2014.

Last one week high and low of the scrip stood at Rs. 143.00 and Rs. 125.20 respectively. The current market cap of the company is Rs. 1680.53 crore.

The promoters holding in the company stood at 41.96% while Institutions and Non-Institutions held 13.13% and 44.91% respectively.

Escorts has entered into a Joint Venture (JV) with Rajkot based Amul Group for manufacturing specialty tractor - Steeltrac. Escorts had joined hands with Amul Industries in 2012 for development & distribution of Steeltrac, a highly successful speciality tractor.

Steeltrac is a specialised tractor which is complimentary to general purpose tractors which can efficiently facilitate operations like inter-weeding for farmers growing row-crops such as groundnut, cotton and sunflower. Steeltrac will additionally revolutionize by mechanizing local, short distance haulage in the country. The market for specialised tractors has been growing tremendously and this strategic investment will further enhance Escorts' commitment towards bringing a wider range of products to Indian farmers.

Escorts offer a comprehensive range of tractors with more than 45 variants starting from 25 to 80 HP. The company also manufactures and markets a diverse range of equipments like cranes, loaders, vibratory rollers and forklifts.

 

Escorts Kubota Share Price

3294.65 9.50 (0.29%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Escorts Kubota 3294.65
VST Tillers Tractors 5277.00
Indo Farm Equipment 149.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×