5 days ago
- Automotive
- Business Upturn
Escorts Kubota shares rise nearly 2% after launch of BLX 75 backhoe loader under E-Kubota brand
By Aditya Bhagchandani Published on June 5, 2025, 09:23 IST
Shares of Escorts Kubota Limited rose 1.96% to ₹3,313 in early trade on June 5 following the company's announcement of the commercial launch of its new construction equipment product, the BLX 75 backhoe loader. The stock opened higher than its previous close of ₹3,249.20, and touched a day high of ₹3,298. The company's market capitalization stood at ₹361.37 billion.
The BLX 75, introduced under the E-Kubota branding, is designed exclusively for domestic earthmoving applications. Escorts Kubota confirmed that the product is not currently intended for international markets.
This development aligns with the company's strategy to expand its domestic portfolio in the construction equipment sector. The BLX 75 is expected to improve efficiency in a wide range of applications, adding to the company's diverse product lineup that already includes backhoe loaders, cranes, and compactors.
Escorts Kubota, based in Faridabad, operates across key sectors such as agriculture, construction, and railways. The company underwent a rebranding in 2022 after increased investment from Japan's Kubota Corporation. It also runs R&D operations through its Knowledge Management Centre to drive innovation in agricultural and infrastructure solutions.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
