VST Tillers hits 3-year low; tanks 48% thus far in FY19

The stock down 3.5% at Rs 1,357, its lowest level since March 1, 2016 on the BSE.

Shares of VST Tillers Tractors continued to be under pressure, hitting three-year low of Rs 1,357, down 3.5 per cent, on the BSE in intra-day trade in an otherwise firm market, amid a fall in sales volumes. The stock was quoting at its lowest level since March 1, 2016 on the BSE.

So far in the current financial year 2018-19 (FY19), the commercial vehicles firm has underperformed the market, with its market price nearly halved or 48 per cent from level of Rs 2,631 due to weak sales numbers. In comparison, the S&P BSE Sensex was up 13 per cent