VST Tillers Tractors Ltd (VST), a farm equipment manufacturer, has crossed the production milestone of 500,000 power tillers from its plant at Malur, on the outskirts of the city.

VST crosses production milestone of 500,000 power tillers from its plant at Malur near Bengaluru

The share price of Tractor manufacturing company, VST Tillers Tractors Limited was trading 18 percent higher on Wednesday after the company crossed a production milestone of 500,000 power tillers from its manufacturing plant at Benguluru.

VST Tillers trades 18% up on crossing 500,000 power tillers production milestone

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.

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

Share of high HP in tractor volumes to reach 20% in FY24 and 30-40% in the following years, says the company

VST Tillers & Tractors to launch its Zetor premium tractor range in this quarter

VST Tillers Tractors unveils all-new VST 939DI 36hp 4WD Tractor

VST Tillers Tractors’ total sales slipped 4.81% to 2,592 units in November 2022 from 2,723 units sold in November 2021.

VST Tillers sales declines 5% YoY in November

ICICI Direct is bullish on VST Tillers Tractors recommended buy rating on the stock with a target price of Rs 2705 in its research report dated November 01, 2022.

Buy VST Tillers Tractors; target of Rs 2705: ICICI Direct

VST Tillers Standalone September 2022 Net Sales at Rs 234.15 crore, up 0.3% Y-o-Y

VST Tillers Tractors’ net profit dropped 29.27% to Rs 22.74 crore in Q2 FY23 as against Rs 32.15 crore recorded in Q2 FY22.

VST Tillers Tractors Q2 PAT tumbles 29% YoY to Rs 23 cr

Buzzing stocks: Tata Steel, L&T, Bharti Airtel, Maruti Suzuki, Equitas Bank, Fino Payments, Motherson Sumi, Reliance Ind, HFCL, Lupin, Sugar stocks, Engineers India, VST Tillers, Aether Ind, Zydus, Kopran, Jubilant Pharmova

Stocks that will see action today (Oct 31)

Bharti Airtel, 3i Infotech, Asahi India Glass, Castrol India, LT Foods, Larsen and Toubro, Saregama Industries, Swaraj Engines, Tata Steel, VST Tillers, Mold-Tek, TCI Express, Equitas Small Finance Bank, Motherson Sumi etc.

Q2 results this week: Bharti Airtel, Adani Ports, SBI, BoB and more

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

VST Tillers Tractors Limited is engaged in the manufacturing of power tiller and tractor.