Shares of Escorts Kubota sank over six percent in trade, after the tractor player announced it would sell its railway equipment business to Sona BLW Precision Forgings for Rs 1,600 crore.

Sona BLW Precision Forgings Ltd. has entered into an agreement to acquire the Railway Equipment Division (RED) of Escorts Kubota ... on slump-sale basis. The proposed acquisition is expected ...

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Indian markets market continued to remain under pressure as Foreign Portfolio Investors (FPIs) remained continuous sellers.

The company has entered into a business transfer agreement with Sona BLW Precision Forgings Ltd (Sona Comstar) for transferring the railway equipment business division (RED) as a going concern, on ...

Escorts Kubota announced on Wednesday that it has signed a business transfer agreement with Sona BLW Precision Forgings Ltd. for the transfer of its railway equipment business division as a going ...

The company has entered into a business transfer agreement with Sona BLW Precision Forgings Ltd (Sona Comstar) for transferring the railway equipment business division (RED) as a going concern, on ...