Rakesh Jhunjhunwala has purchased 625,000 equity shares representing 0.51% of total equity of Escorts in the past three trading sessions through open market purchase on the BSE and NSE. The total stake of Rakesh Jhunjhunwala in Escorts increased to 9.79% from 9.28% earlier.
On August 6, Rakesh Jhunjhunwala bought 250,000 shares, on August 7, he purchased 125,000 shares and on August 10, he acquired 250,000 shares.
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.
