VST Tillers Tractors spurts on entering into Master Supply agreement with Zimeno
VST Tillers Tractors is currently trading at Rs. 2590.00, up by 73.25 points or 2.91% from its previous closing of Rs. 2516.75 on the BSE.
The scrip opened at Rs. 2574.60 and has touched a high and low of Rs. 2619.75 and Rs. 2525.00 respectively. So far 337 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3458.45 on 13-Oct-2021 and a 52 week low of Rs. 1788.00 on 31-May-2021.
Last one week high and low of the scrip stood at Rs. 2619.75 and Rs. 2350.00 respectively. The current market cap of the company is Rs. 2198.07 crore.
The promoters holding in the company stood at 54.82%, while Institutions and Non-Institutions held 21.39% and 23.79% respectively.
VST Tillers Tractors has entered into a Master Supply agreement with Zimeno Inc. DBA Monarch Tractor, USA. to supply integrated gear train along with front axle and rear axle assembly, for electric tractor of Zimeno Inc. DBA Monarch Tractor.
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.