Escorts fell 0.93% to Rs 117.65 at 10:58 IST on BSE after the company's agri machinery segment reported 7.33% fall in sales in August 2014 over August 2013.
The sales figures were announced after market hours on Monday, 1 September 2014.
Meanwhile, the BSE Sensex was up 96.80 points, or 0.36%, to 26,964.35
On BSE, so far 2.02 lakh shares were traded in the counter, compared with an average volume of 2.12 lakh shares in the past two weeks.
The stock hit a high of Rs 118.80 and a low of Rs 116.60 so far during the day.
Escorts' Agri Machinery Segment reported 7.33% fall in sales to 3,624 tractors in August 2014 compared with 3,911 tractors in August 2013. Domestic sales fell 17.68% to 3,147 tractors in August 2014 compared with 3,823 in August 2013. Export jumped 442.04% to 477 tractors in August 2014 compared with 88 tractors in August 2013.
The Escorts Group is among India's leading engineering conglomerates operating in high growth sectors of agri machinery, material handling & construction equipment, railway equipment and auto components.
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