Escorts agri-machinery sales volume increases by 23% in August

As per data released by the company, Escorts’ Agri-Machinery Segment (EAM) sold 4,587 tractors in August 2017, registering a growth of 23%, as against 3,722 tractors in August 2016. Domestic sales for the month of August 2017 stood at 4,398 units, up by 20% as compared to 3,667 tractors in August 2016. 
 
Exports’ sales in August 2017 were at 189 tractors, up by 244% as against 55 tractors in August 2016. Escorts was trading at Rs 668.25 per share, up by Rs 21.75 or 3.36% as at 1208 hours on Friday, on the BSE. The stock hit an intraday high and low of Rs 668.50 and Rs 643.60 respectively. It attracted a traded volume of 15,34,994 shares and traded value of Rs 10,079.23 lakhs on the NSE. The company had hit its 52-week high of Rs 767.55 on June 6, 2017, and 52-week low of Rs 270 on November 22, 2016, on the NSE.