Shares of ACE Ltd and Escorts Kubota Ltd are in focus after the Directorate General of Trade Remedies (DGTR) imposed anti-dumping duties on certain cranes imported from China, Germany, and Singapore. The move is expected to protect domestic manufacturers from unfair pricing practices and strengthen the Indian crane manufacturing industry.
ACE Ltd is a well-known manufacturer of hydraulic cranes and lifting equipment, while Escorts Kubota Ltd specializes in agricultural machinery and industrial equipment.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
