10-11-2021 11:29 AM | Source: Accord Fintech
VST Tillers Tractors catches speed on launching VST 171DI Tractor in Gujarat
News By Tags | #1698 #572 #2754

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

V.S.T. Tillers Tractors is currently trading at Rs. 3301.20, up by 115.55 points or 3.63% from its previous closing of Rs. 3185.65 on the BSE.

The scrip opened at Rs. 3200.00 and has touched a high and low of Rs. 3320.00 and Rs. 3200.00 respectively. So far 3549 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3,320.00 on 11-Oct-2021 and a 52 week low of Rs. 1504.30 on 16-Oct-2020.

Last one week high and low of the scrip stood at Rs. 3,320.00 and Rs. 2842.00 respectively. The current market cap of the company is Rs. 2851.04 crore.

The promoters holding in the company stood at 54.77%, while Institutions and Non-Institutions held 18.86% and 26.37% respectively.

VST Tillers Tractors has launched VST 171 DI Single Cylinder Tractor, in the Gujarat market. Customised for applications like land preparation, inter cultivating, and haulage, the 17 HP, Single Cylinder Tractor is ideal for small farmers to use in their Ground Nut, Soyabean, Cotton, Castor fields, and Orchards.

Customers in the single cylinder tractor segment have an unmet requirement of a featured and well-engineered product. Now they have an option of VST’s innovative technology backed, VST 171DI. The Tractor comes with a 17 HP water-cooled engine with 52 NM High Torque and 750 KG lifting capacity. The all-new VST 171 DI tractor has a forward speed of 25 Kmph and reverse speed of 11.6 Kmph.

VST Tillers Tractors was incorporated in technical collaboration and joint venture with Mitsubishi Heavy Industries and Mitsubishi Corporation, Japan for the manufacture of Power Tillers and Diesel Engines.