VST Tillers Tractors soars on registering rise in May sales
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V.S.T. Tillers Tractors is currently trading at Rs. 2844.00, up by 48.70 points or 1.74% from its previous closing of Rs. 2795.30 on the BSE.
The scrip opened at Rs. 2793.10 and has touched a high and low of Rs. 2870.00 and Rs. 2745.00 respectively. So far 1700 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2894.90 on 15-May-2023 and a 52 week low of Rs. 2046.55 on 12-Oct-2022.
Last one week high and low of the scrip stood at Rs. 2870.00 and Rs. 2652.00 respectively. The current market cap of the company is Rs. 2472.89 crore.
The promoters holding in the company stood at 55.57%, while Institutions and Non-Institutions held 21.06% and 23.37% respectively.
VST Tillers Tractors has sold total 3756 power tillers & tractors during May 2023 as compared to 3628 units in May 2022, a rise of 3.53% year- on- year (YoY). The company has sold 3319 power tillers in May 2023 as against 3037 in May 2022, registering a rise of 9.29% YoY. However, the company has sold 437 tractors during May 2023, as compared to 591 in May 2022, registering a fall of 26.06% YoY.
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.
