Escorts Kubota announces price hike effective April 15. The tractor manufacturer will increase prices across models and markets, with adjustments varying by variant and geography. March sales reached 12,119 units, up 6.6 percent year-over-year, driven by sustained rural demand and rabi harvesting activity. Domestic sales grew 7.5 percent to 11,582 units despite minor rainfall delays. The company cited positive rabi outlook supported by above-normal reservoir levels and improved water availability. However, exports declined to 537 units from 599 units previously. Kotak Institutional Equities recently upgraded the stock to add with a price target of 3,375 rupees, highlighting strong underlying business drivers and positive agricultural momentum ahead.
