VST Tillers Tractors tanked 10.26% to Rs 720 after the auto maker announced muted sales in February 2020.
The company, after market hours on yesterday, 18 March 2020, announced that its total auto sales (power tiller plus tractors) declined 7.27% to 1925 units in February 2020 as against 2076 units reported in February 2019.
Sale of power tillers fell 8.96% YoY to 1,361 units in February 2020 over February 2019 while sale of tractors declined 2.93% to 564 units in February 2020.
VST Tillers Tractors is engaged in the manufacturing of power tiller and tractor.
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