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VST Tillers jumps after strong tractor sales

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Capital Market
Last Updated : Sep 04 2019 | 3:50 PM IST

VST Tillers Tractors rose 4.2% to Rs 1,069.10 after sales of tractors jumped 57.25% to 813 units in August 2019 as against August 2018.

On BSE, 1,799 shares were traded in the counter, compared to a 2-week average of 502 shares. The stock hit high of Rs 1,195.65 and low of Rs 1,049.70 so far during the day.

VST Tillers Tractors' power tillers sales declined 12.69% to 1,437 units in August 2019 over August 2018. The announcement was made after trading hours yesterday, 3 September 2019.

PM Keshava has retired from the post of Chief Financial Officer (CFO) on 31 August 2019 and Mahadevan GV has joined as the new Chief Financial Officer and KMP of the company with effect from 9 August 2019.

VST Tillers Tractors is engaged in the manufacturing of power tiller and tractor. The firm operates through the manufacturing and trading of agriculture machinery segment.

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First Published: Sep 04 2019 | 3:17 PM IST

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