New Delhi: Farm machinery and construction equipment maker Escorts Kubota on Monday said it will increase prices of its tractor range from May 1.

The agri-machinery business division will increase tractor prices from May 1, 2024, the company said in a regulatory filing.

That said, the price increase will vary depending on the model/variant and geographical regions.

However, the company did not specify the quantum of the price increase.

The company's shares were trading 2.11 percent higher at Rs 3,173.25 on BSE.