VST Tillers Tractors zooms on crossing production of 500,000 power tillers at Malur plant!

VST Tillers Tractors zooms on crossing production of 500,000 power tillers at Malur plant!

by 5paisa Research Team Last Updated: Mar 23, 2023 - 09:39 am 340 Views

Shares of the company have gained more than 15 per cent in the today’s trade. 

Production milestone of 500,000

VST Tillers Tractors (VST) has crossed a production milestone of 500,000 power tillers from its state-of-the-art manufacturing plant at Malur - Benguluru in Karnataka. The milestone is a testimony to the customer’s confidence in the VST power tillers. The VST power Tillers has very high customer loyalty and trust, built around the value of being authentic and powerful.

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 is the leader in the segment and holds a market share of over 65% in the country. VST is focusing on small farm mechanization and has introduced a wide range of smart farm machines for small and marginal farmers. The company has introduced the electric start power tiller in 16 HP & 9 HP category, range of power weeders, which start from 3.5 hp to 8 hp, range of brush cutters, multi-crop reaper, for the segment.

Share price movement of VST Tillers Tractors Limited

Today, the stock opened at Rs 2197.75, with a high and low of Rs 2572.00 and Rs 2197.75. The stock previously closed at Rs 2170.60. The stock closed today, trading at Rs 2332.55, up by 7.46 per cent.

The stock has a 52-week high of Rs 2895.50 and a 52-week low of Rs 2046.55. The company has a market capitalisation of Rs 2,015.21 crore.

Company profile

VST Tillers Tractors Ltd. was established in the year 1967 by the VST Group of companies, a well-known century-old business house in South India. The founder of the group was Sri V.S. Thiruvengadaswamy Mudaliar.  

How do you rate this article?


Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.


Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial. Also, The

Open Free Demat Account

Resend OTP
Please Enter OTP
Account belongs to

By proceeding, you agree to the T&C.

Latest News
Sahana Systems IPO GMP (Grey Market Premium)

Sahana Systems IPO worth ₹32.74 crore comprises entirely of a fresh issue of shares by the company. The price band has been fixed in the range of ₹132 to ₹135.

  • Jun 08, 2023
Infollion Research Services has bumper listing at 155% premium

Infollion Research Services Ltd had a bumper listing on 08th June 2023, listing at a sharp premium of 154.88%, but subsequently gave up some of the bumper gains towards the close of trade as the markets also wobbled in the second half of the trading day.

  • Jun 08, 2023
Three Interesting NFOs expected in June

New fund offerings (NFOs) are a regular offering from the various mutual fund houses. In the last few months, the practice of companies tapping the Indian investors through NFOs has picked up once again.

  • Jun 08, 2023

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number