India's VST Tillers hits record high on new deal

VST Tillers Tractors

25/08/2023 07:52

** Shares of agricultural machinery manufacturer VST Tillers
Tractors  VST.NS  rise as much as 13.98% to hit a record high of
3,790 rupees
    ** Co said it has entered into a master service
agreement(MSA) with U.S based Solectrac to jointly develop
electric Power tiller and other agricultural machineries
    ** Stock on track for a sixth consecutive session of gain,
if trends hold
    ** Stock is witnessing its most active trading session since
May 15, with more than 221,000 shares changing hands by 12:10
p.m. IST, 13.9x 30-day avg 
    ** Avg rating of three analysts close to equivalent of
"strong buy", median PT is 3,218 rupees - Refinitiv data
    ** Stock up 67.6% YTD


 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))