VST Tillers Tractors rose 2.47% to Rs 675.20 at 12:10 IST on BSE, extending recent gains triggered by HDFC Mutual Fund buying 1.71% stake in the company on Tuesday, 3 December 2013.
Meanwhile, the BSE Sensex was up 320.19 points, or 1.52%, to 21,316.72.
On BSE, 6,986 shares were traded in the counter compared with average volume of 6,891 shares in the past one quarter.
The stock hit a high of Rs 696.30 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 662.05 so far during the day. The stock hit a 52-week low of Rs 330 on 25 March 2013.
The stock had outperformed the market over the past one month till 6 December 2013, rising 26.10% compared with the Sensex's 0.49% rise. The scrip had also outperformed the market in past one quarter, rising 53.30% as against Sensex's 8.96% rise.
The company has an equity capital of Rs 8.64 crore. Face value per share is Rs 10.
More From This Section
HDFC Mutual Fund bought 72,508 shares, or 0.84% stake, in VST Tillers Tractors at Rs 596 per share in a bulk deal on the BSE on Tuesday, 3 December 2013. Also, HDFC Mutual Fund under its Prudence Fund scheme acquired 75,079 shares, or 0.87% stake, in the company at Rs 596 on the NSE on Tuesday, 3 December 2013.
Shares of VST Tillers Tractors settled 0.28% higher at Rs 596 on Tuesday, 3 December 2013. The stock has risen 13.60% in five trading sessions from Rs 594.35 on Monday, 2 December 2013.
VST Tillers Tractors net profit surged 175.2% to Rs 18.08 crore on 71.2% rise in net sales to Rs 152.12 crore in Q2 September 2013 over Q2 September 2012.
VST Tillers Tractors manufactures power tillers, tractors, paddy transplanters and diesel engines.
Powered by Capital Market - Live News