VST Tillers surges 9% on inking distributorship agreement with ETGL Africa

In last 16 trading days, the stock of VST Tillers has soared 52 per cent after the company reported strong set of numbers for the quarter ended June 2021

Shares of VST Tillers Tractors rallied 9 per cent to Rs 2,875.65 on the BSE in intra-day trade on Tuesday, in an otherwise weak market, after the company launched the VST range of tractors and power tillers in Southern Africa. Meanwhile, the S&P BSE Sensex was down 0.40 per cent at 58,065 around 10.20 am.

“The company has entered into an agreement with ETG (Export Trading Group), for distribution of its tractors, power tillers, power reapers and diesel engines in the Southern African markets, including South Africa, Namibia, Botswana, Zimbabwe, Swaziland, and Zambia,” VST Tillers Tractors said in a BSE filing.

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