New Delhi, Apr 22 (PTI) Farm machinery and construction equipment maker Escorts Kubota on Monday said it will hike prices of its tractor range with effect from May 1.

The agri-machinery business division shall be increasing the prices of tractors effective May 1, 2024 onwards, the company said in a regulatory filing.

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The increase in prices would vary across models/variants and geographies, it added.

The company, however, did not give the quantum of the price hike.

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Shares of the company were trading 2.11 per cent up at Rs 3,173.25 apiece on the BSE.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)