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Escorts Kubota shares jump 5%; Kotak upgrades on hopes of revival in market share
Kotak said Escorts Kubota's construction equipment segment is expected to recover from the calendar year 2026. Its diversification into spares, engines and agri-solutions should help broaden revenue base, it added.
Hormuz shutdown worsens after US hits Iranian warship; tankers stranded for fifth day
The U.S. submarine strike on the Iranian vessel came as U.S. President Donald Trump pledged to provide insurance and navy escorts to ships exporting oil and gas from the Middle East in a bid to contain soaring energy prices. At least 200 ships, including oil and liquefied natural gas tankers as well as cargo ships, remained at anchor in open waters off the coast of major Gulf producers including Iraq, Saudi Arabia and Qatar, according to Reuters estimates based on ship-tracking data from the MarineTraffic platform.
Oil up modestly after Trump pledges insurance for ships transiting Strait of Hormuz
Brent crude edged higher in early trade after US President Donald Trump vowed political risk insurance for vessels in the Gulf and signalled Navy escorts if needed, easing market fears after recent sharp gains.
Stocks to Watch Today: Aurobindo Pharma, Niva Bupa, Brigade, Escorts Kubota, Hero MotoCorp, Hyundai Motor, Tata Motors, Clean Max, Accord Transformer in focus on 2 March
Stocks to Watch, 02 March: Stocks like Maruti Suzuki India, Hyundai Motor India, Hero MotoCorp, Eicher Motors, Tata Motors, Tata Motors Passenger Vehicles, Mahindra and Mahindra, TVS Motor Company, Escorts Kubota, Niva Bupa Health Insurance Company, and Clean Max Enviro Energy Solutions will be in focus on March 2.
Neutral Escorts Kubota; target of Rs 3159: Motilal Oswal
Motilal Oswal recommended Neutral rating on Escorts Kubota with a target price of Rs 3159 in its research report dated May 07, 2026.
Escorts Kubota April tractor sales up 24%; exports decline, shares to remain in focus Monday
Exports declined 21 percent to 459 units in April 2026 from 581 units in April 2025.