Year to date, the company's tiller sales came in at 19,854 units in September 2023 compared to 17,980 units reported in September 2022, marking a 10.42 percent profit in the segment.
VST Tillers Tractors reported total power tiller and tractor sales for May 2023 at 3,756 as compared to 3,628 reported in May 2022.
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.
ICICI Direct recommended hold rating on VST Tillers & Tractors with a target price of Rs 2510 in its research report dated July 06, 2017.
Sudarshan Sukhani of s2analytics.com is of the view that one can invest in HUL and avoid VST Tillers.
Checkout how VST Tillers and Tractors changed the way you look at farming through innovations.