Escorts Kubota shares jump 4% as company introduces new combine harvester; all you need to know

The stock was on the buyers' list as the company, in its press release on Wednesday, introduced ‘PRO588i-G’, a new combine harvester under the Kubota brand in Punjab and Haryana.

The new harvester cuts the crop’s stalk near its base (unlike conventional full-feed harvesters), reaping the full length of straw, which can be collected and reused – the long straw becoming a potential source of additional income, having utility as cattle feed and in biomass plants, it said.

This is Kubota’s new technology in India; it provides a profitable alternative to stubble burning for the farmers and can thereby help reduce air pollution in North India, Escorts Kubota said.

The new combine harvester has a special threshing mechanism, designed in Japan. It significantly reduces the breakage of the fragile long grain of the Basmati rice during threshing, a recurring problem that farmers face with conventional harvesters. Maintaining the integrity of the grain boosts its appeal and increases its price and export potential.

‘PRO588i-G’ weighs just 2700 kilograms, as compared to the conventional harvesters that weigh about 9000 kilograms. This reduces the compactness of the soil when this new harvester plies on the field, which in turn reduces the ploughing effort and land preparation cost for the farmers for their next crop cycle. Additionally, it is coupled with a crawler to make work easier on wet fields and has ergonomic design features that enable simpler handling and longer work hours.

Sharing his views on the launch, Nikhil Nanda, Chairman & Managing Director, said, “At Escorts Kubota, we are deeply committed to introducing innovations that can positively transform the lives of India’s farmers. Our new Kubota combine harvester is a testament to the same. Its unique features, designed in Japan, not only offer more profit potential to our ‘Annadatas’ but can also help address the menace of air pollution in North India."

About Escorts Kubota

Escorts Kubota Limited, earlier known as Escorts Limited, is a multinational conglomerate that specialises in the fields of agricultural machinery, construction machinery, material handling and railway equipment. It was founded in 1944 by HP Nanda and is headquartered in Faridabad, Haryana.

Escorts Kubota is a collaboration between two prominent engineering companies from India and Japan. They have a shared objective to enhance food security, promote sustainable farming practices.

It is one of the largest manufacturers of pick 'n' carry hydraulic mobile cranes globally. Its extensive product lineup includes tractors such as Farmtrac, Powertrac and Escort; engines; trailers; hydraulic mobile cranes; compactors; forklifts; articulated boom cranes; railway equipment; and auto components.

Escorts Kubota share price trend

Shares of the company have gained around 4% in the past 30 days, 25% in the past six months, and 14% over the past 12 months.