Escorts, one of the leading tractor manufacturers, witnessed a sharp fall in share price on Friday after it swung to a loss for the quarter ended September 2014.  During the quarter, the company reported a loss of Rs 78.56 million compared with a profit of Rs 436.34 million in the same quarter previous year.

Net sales for the quarter rose 5.12% to Rs 9,926.30 million, compared with Rs 9,442 million for the prior year period.

Shares of the company are trading at Rs 155.10, down Rs 11.65, or 6.99% at the Bombay Stock Exchange (BSE) on Friday at 9:44 a.m.

The scrip has touched an intra-day high of Rs 159 and low of Rs 152.75. The total volume of shares traded at the BSE is 379,373.