Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Escorts Kubota tractor sales up 19.1% at 13,695 units in June
Escorts Kubota reported a 19.1% surge in total tractor sales for June 2026, reaching 13,695 units compared to the previous year. Domestic sales climbed 19.8%, while exports saw a 4.4% increase. Despite a delayed monsoon impacting Kharif sowing, improved wholesale and retail performance fueled this growth. The company remains watchful of monsoon progress and El Nino's effects on rural sentiment and future growth.
Escorts Kubota gains after June 2026 sales rise 19% YoY to 13,695 units
Escorts Kubota added 2.18% to Rs 2,995.80 after the company reported a 19.1% year-on-year increase in tractor sales for June 2026, with total volumes rising to 13,695 units compared to 11,498 units in June 2025.
India prepares to send oil tankers through Strait of Hormuz for new supply
India plans to resume shipping energy cargoes through the Strait of Hormuz, with Shipping Corp. of India ready, as Navy escorts increase amid Iran conflict and energy price strain
Escorts Kubota April Auto Sales: Total tractor sales rise 24% to 10,287 units; Exports decline 21%
Escorts Kubota, in an exchange filing, reported a 24.4% increase in total sales of tractors. This took the overall sales to 10,287 units, compared to 8,729 units it sold in April 2025.
US Navy tells shipping industry Hormuz escorts not possible for now
The US Navy has declined frequent requests for escorts through the Strait of Hormuz due to high attack risks amid the US-Israeli war on Iran. Trump promises escorts if needed.