VST Tillers soars 14% on pact with US firm to develop electric power tiller

Shares of VST Tillers Tractors zoomed 14 per cent to hit a fresh high of Rs 3,790 on the BSE in Friday’s intra-day trade after the company announced entering into a pact with US-based Solectrac Inc. to jointly develop electric power tiller and other agricultural machineries.

At 01:24 pm; the stock was trading 10 per cent higher at Rs 3,655, as compared to a 0.36 per cent rise in the S&P BSE Sensex. Thus far in the current calendar year 2023, it has zoomed 57 per cent, as against a 6.3 per cent gain in the benchmark index.