/ Escorts Zooms 4.2% Post Tractor Sales Data ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 1 February 2017

The commercial vehicles maker, Escorts, posted its Agri Machinery segment sales report on February 01, 2017. Company sold 3652 tractors in January 2017 as against 3140 tractors in January 2016, registering a growth of 16.3%.

Out of the total sales, domestic tractor sales came in at 3507 units, posting a growth of 13.5%. Export of tractors registered a growth of 184.3% to 145 units from 51 units in the corresponding month of the previous year.

The year-to-date domestic sales came in at 51581 units while that of exports came in at 879 units, posting a growth of 22.3% and 48.7% respectively.

The stock of Escorts gave a consolidation breakout and zoomed 4.2% at 377.3 levels with gradual higher tops and higher bottoms in intraday trade.

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