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VST Tillers Plunges 6%; BSE AUTO Index Down 2.2%
Thu, 3 Oct 9:21

VST Tillers Plunges 6%; BSE AUTO Index Down 2.2%Image source: KanawatTH/www.istockphoto.com

VST Tillers share price has plunged 6% and is presently trading at Rs 4,411.0.

Meanwhile, the BSE AUTO index is at 59,864.3 (down 2.2%).

Among the top losers in the BSE AUTO index today are Motherson Sumi (down 4.9%) and Tata Motors (down 2.9%).

Over the last one year, VST Tillers has moved up from Rs 3,689.7 to Rs 4,411.0, registering a gain of Rs 721.3 (up 19.5%).

On the other hand, the BSE AUTO index has moved up from 36,184.1 to 59,864.3, registering a gain of 65.4% during the last 12 months.

The top gainers among the BSE AUTO index stocks during this same period were Bajaj Auto (up 137.7%), Cummins India (up 129.0%) and Motherson Sumi (up 109.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 83,002.1 (down 1.5%).

The top losers among the BSE Sensex today are Asian Paints (down 3.0%) and Tata Motors (down 2.9%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.

In the meantime, NSE Nifty is at 25,452.9 (down 1.3%). BPCL and Bajaj Auto are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 83,002.1, registering a gain of 17,490.0 points (up 26.7%).

VST Tillers Financial Update...

VST Tillers net profit fell 30.7% YoY to Rs 229 million for the quarter ended June 2024, compared to a profit of Rs 330 million a year ago. Net sales declined 22.6% to Rs 1,906 million during the period as against Rs 2,461 million in April-June 2023.

For the year ended March 2024, VST Tillers reported 31.1% increase in net profit to Rs 1,211 million compared to net profit of Rs 924 million during FY23. Revenue of the company fell 3.8% to Rs 9,680 million during FY24.

The current Price to earnings ratio of VST Tillers, based on rolling 12 month earnings, stands at 34.2.


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