VST Tillers Tractors Ltd.

NSE: VSTTILLERS | BSE: 531266 | ISIN: INE764D01017 |Industry: Commercial Vehicles
|Expensive Performer
1547.20 -33.05 (-2.09%)
NSE Oct 22, 2020 15:31 PM
Volume: 21,123
 

VST Tillers Tractors Ltd.    
12 Sep 2018
1547.20
-2.09%
Nirmal Bang Institutional
VST Tillers & Tractors' (VST) monthly sales in recent months have been below expectations, with the overall volume falling 17% YoY. Tiller volume at 9,611 units declined 14% YoY on YTD basis and tractor volume at 3,213 units slipped 26% YoY. Lower volume in recent months can be attributed to the delay in subsidy release in states like Andhra Pradesh, Karnataka and Maharashtra. Tiller volume managed to report YoY growth in the past two months, while tractor volume continues to register a double-digit decline. With the onset of the festive season, we expect VST's tractor volume to improve in the coming months. Subsidy has been released in Andhra...
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VST Tillers Tractors Ltd. has gained 86.52% in the last 6 Months
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