Escorts Kubota shines on introducing new combine harvester in Punjab, Haryana
Escorts Kubota is currently trading at Rs. 3777.75, up by 119.05 points or 3.25% from its previous closing of Rs. 3658.70 on the BSE.
The scrip opened at Rs. 3670.05 and has touched a high and low of Rs. 3787.70 and Rs. 3670.05 respectively. So far 6829 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4422.00 on 27-Sep-2024 and a 52 week low of Rs. 2828.75 on 28-Feb-2025.
Last one week high and low of the scrip stood at Rs. 3787.70 and Rs. 3621.80 respectively. The current market cap of the company is Rs. 41937.38 crore.
The promoters holding in the company stood at 68.04%, while Institutions and Non-Institutions held 16.65% and 15.31% respectively.
Escorts Kubota has introduced ‘PRO588i-G’, a new combine harvester under the Kubota brand in Punjab and Haryana. The new harvester cuts the crop’s stalk near its base (unlike conventional full-feed harvesters), reaping the full length of straw which can be collected and reused - the long straw becoming a potential source of additional income, having utility as cattle feed and in biomass plants. This is Kubota’s new technology in India, it provides a profitable alternative to the farmers over stubble burning, thereby can help reduce air pollution in North India.
The new combine harvester has a special threshing mechanism, designed in Japan. It significantly reduces the breakage of the fragile long grain of the Basmati rice during threshing, a recurring problem that farmers face with conventional harvesters. Maintaining integrity of the grain boosts its appeal, increases its price and export potential.
‘PRO588i-G’ weighs just 2700 kilograms, as compared to the conventional harvesters that weigh at about 9000 kilograms. This reduces compactness of the soil when this new harvester plies on the field, in-turn reduces the ploughing effort and land preparation cost for the farmers for their next crop cycle. Additionally, it is coupled with crawler to make work easier on wet fields and has ergonomic design features that enable simpler handling and longer work hours.
Escorts Kubota 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.
