Shares of Escorts Kubota, a leading manufacturer of farm and construction equipment, fell 5.15% to an intraday low of ₹3,171 on the National Stock Exchange after the company reported its Q4 results for March 2026. The company announced an 18% increase in consolidated profit after tax (PAT) to ₹320.5 crore, compared to ₹271.6 crore in the same quarter last year. Revenue from operations also rose 21.4% to ₹2,968.2 crore. Despite these positive results, Axis Securities revised its target price for the stock down to ₹3,530 from ₹3,590, citing expectations of flat domestic tractor industry growth in FY27 due to high base effects and commodity inflation. The brokerage maintained a 'Hold' rating, indicating limited near-term upside potential. Tractor volumes increased by 21.1% year-on-year, while the construction equipment segment saw a 9.2% rise in volumes. The company's market capitalization is currently ₹35,523 crore, with a 52-week high of ₹4,180 and a low of ₹2,710.