Business Standard

VST Tillers zooms 18% on achieving 5L production milestone at Malur unit

Currently, overall power tiller industry in India is around 60,000 units and it is expected to grow to 100,000 units by the year 2025, VST Tillers said.

Power Tiller; Image courtesy: Greaves Cotton
Premium

Power Tiller; Image courtesy: Greaves Cotton

SI Reporter Mumbai
Shares of VST Tillers zoomed 18 per cent to Rs 2,575 on the BSE in Wednesday’s intra-day trade in an otherwise subdued market after the company announced that it had crossed a production milestone of 500,000 power tillers from its manufacturing plant at Malur - Benguluru in Karnataka.

At 11:07 AM; VST Tillers was up 12 per cent at Rs 2,434, as compared to 0.05 per cent rise in the S&P BSE Sensex. The average trading volumes at the counter jumped 10-fold with a combined 80,000 shares changing hands on the NSE and BSE.

Currently, overall power tiller

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 22 2023 | 11:43 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com