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Delayed monsoon buries tractor sales in September; analysts cautious on M&M, Escorts outlook

M&M, Escorts Kubota, and VST Tillers & Tractors – all reported tepid tractor sales for September 2023. However, with the recovery of the prospects for monsoon rains, the managements see festive season to be promising

October 03, 2023 / 14:21 IST
At the bourses, shares of M&M have surged 34 percent in the past six months, while Escorts Kubota and VST Tillers skyrocketed 70 percent and 61 percent, respectively
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