Escorts is currently trading at Rs. 321.00, up by 24.55 points or 8.28% from its previous closing of Rs. 296.45 on the BSE.
The scrip opened at Rs. 298.05 and has touched a high and low of Rs. 323.55 and Rs. 294.00 respectively. So far 469355 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 414.20 on 04-Oct-2016 and a 52 week low of Rs. 112.70 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 323.55 and Rs. 277.50 respectively. The current market cap of the company is Rs. 3750.85 crore.
The promoters holding in the company stood at 42.99%, while Institutions and Non-Institutions held 15.80% and 41.21% respectively.
Escorts Agri machinery segment (EAM), a subsidiary of Escorts, in December 2016 sold 3,187 tractors, a growth of 15.8 percent against 2,751 tractors sold in December 2015. Domestic tractor sales for the month of December 2016 stood at 3,043 tractors against 2,727 tractors in December 2015. Export for the month of December 2016 was up by a whopping 500% at 144 tractors against 24 tractors in December 2015.
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.