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Shares of Escorts were trading 4 per cent higher at Rs 1,310 on the BSE in early morning trade on Friday after the company registered a strong 88 per cent year-on-year (YoY) growth in tractor sales at 7,733 units for the month of December. The tractor sales during the month were the company s highest-ever for the month of December.
“Agri Machinery Segment (EAM) in December 2020 sold 7,733 tractors, our highest ever December sales and registered a growth of 88 per cent against 4,114 tractors sold in December 2019,” Escorts said in an exchange filing.
The domestic tractor sales for December 2020 were at 7,230 units, registering a growth of 90 per cent, against 3,806 tractors sold in December 2019. The export tractor sales during the month grew 63 per cent YoY at 503 tractors against 308 tractors sold in the same month of the previous year, it said. ....

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