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Budget 2021

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Moneycontrol

Budget 2021

Associate Partners:

  • SMC Samsung Volvo
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VST Tillers

the_analyzer89
Bronze Member

239 Messages

Probably the most impressive part of the latest numbers is the increase in tractors sales. To the average investor, it might look good but not that important. But you have to know that VST Tillers is traditionally not a tractor company. It sells Tillers, which is a more crude form of a tractor. A tiller is cheaper and smaller version of a tractor and its an upgrade from a Bullock cart. Although Tiller sales are going great, VST is trying to break into the higher capacity tractor market and thats why it has expanded capacity at Hosur plant and tied up with ZETOR to market its tractors. So, the increase in tractor sales is a great sign that there is demand for VST tractord and management is on the right path!

7.30 PM Jan 6th
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