VST Tillers surges 41% in three days on strong tractor sales in May

The company sold 633 units of tractors in the month of May 2020, as against 527 units in the same month last year.

Shares of VST Tillers Tractors moved higher by 17 per cent to Rs 1,293 on the BSE on Thursday after the company reported strong tractors sales of 633 units in May 2020, up 23 per cent YoY, from 527 units sold in May 2019. In April, the company had posted 23.7 per cent YoY de-growth in sales.

The stock of the company engaged in manufacturing of power tillers and tractors business has rallied 41 per cent in the past three trading days from level of Rs 919 hit on Tuesday. It was trading close to its 52-week high level of