SEBI Registration No - INA000003197 Investment in stock and commodity market are subject to market risk. Please do not trade on those tips which are not provided through SMS.



VST Tillers Tractors total volumes down 24% yoy in June 2018

Total volumes for India’s largest power tiller manufacturer, VST Tillers Tractors Limited (VSTTL), declined 24% yoy in June 2018. However, these were 55% higher compared to May 2018. It sold a total of 3,819 units in June 2018.

VSTTL sold 2,948 power tillers in June 2018, down 28% yoy but up 68% mom. It sold 871 tractors in June 2018, down 9% yoy but up 23% mom. In terms of volumes, VSTTL derives 77% of its volumes from power tillers and the remaining 23% from tractors. In revenue terms (FY18), 51% is derived from power tillers, 40% from tractors and 9% from other segments such as rice transplantors, harvesters, etc.

For Q1FY19, VSTTL sold 7,294 units, 25% yoy lower and 47% qoq lower.

VST Tillers Tractors Ltd is currently trading at Rs2,274.75 down by Rs37.7 or 1.63% from its previous closing of Rs2,312.45 on the BSE. The scrip opened at Rs2,271.05 and has touched a high and low of Rs2,279.95 and Rs2,245 respectively. So far 8,026 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs1,997.85cr.

On a one MISSED CALL on @9039006355 you can have your Free Trials for two days in Share Market so why are you waiting for, Hurry up! SUBSCRIBE US >> Bonaz Capital