India's VST Tillers Tractors down after steep decline in April sales

VST Tillers Tractors

02/05/2024 06:15

** Shares of VST Tillers Tractors  VST.NS  fall as much as
6% to 3,445.55 rupees; last down 4.7% 
    ** Co says its total power tiller and tractor sales for
April fell 45.9% year-over-year to 1,191 units
    ** VST posts biggest intraday pct loss since Dec. 22, 2022
    ** More than 29,000 shares change hands by 10:44 a.m. IST,
2.1x the 30-day avg
    ** Stock set to snap four consecutive sessions of gain if
trends hold 
    ** Including session's move, stock down 7.3% YTD, while
peers Mahindra and Mahindra  MAHM.NS  and Escorts Kubota
 ESCO.NS  are up 26.2% and 12.6%, respectively

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))