Escorts gains on the BSE
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Escorts is currently trading at Rs. 1148.65, up by 18.40 points or 1.63% from its previous closing of Rs. 1130.25 on the BSE.
The scrip opened at Rs. 1122.25 and has touched a high and low of Rs. 1156.70 and Rs. 1111.90 respectively. So far 85197 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1468.40 on 09-Feb-2021 and a 52 week low of Rs. 667.50 on 04-May-2020.
Last one week high and low of the scrip stood at Rs. 1171.75 and Rs. 1119.00 respectively. The current market cap of the company is Rs. 15426.42 crore.
The promoters holding in the company stood at 36.59%, while Institutions and Non-Institutions held 31.55% and 31.86% respectively.
Escorts is going to temporarily shut down its manufacturing operations, on selective basis, between May 01, 2021 and May 03, 2021, considering COVID-19 spread escalation, as a precautionary measure. There will be no impact on fulfilling customer demand because of this as Company has sufficient inventory at hand. The shutdown period shall be utilized for routine plant maintenance with employees in essential services present on rotational basis.
Escorts is one of India's leading engineering conglomerates with over six decades of experience. It has helped accelerate India’s socio-economic development through its presence across the high growth sectors of Agri-machinery, construction & material handling equipment and railway equipment.
