{"id":108051,"date":"2023-08-25T12:48:54","date_gmt":"2023-08-25T07:18:54","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=108051"},"modified":"2023-08-25T12:48:56","modified_gmt":"2023-08-25T07:18:56","slug":"auto-stock-jumps-more-than-10-after-entering-into-an-agreement-with-a-us-based-company","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/auto-stock-jumps-more-than-10-after-entering-into-an-agreement-with-a-us-based-company\/","title":{"rendered":"Auto stock jumps more than 10% after entering into an agreement with a US based company"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4154470151\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This small-cap stock soars ~10% on Friday as a result of the agreement with a US-based company. A significant volume rise that was higher than the previous day and the previous week is helping to support the stock price. This stock is currently trading higher than both the 50-day and 200-day moving averages. This stock delivered 50% returns in one year.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1593173516\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h4 class=\"wp-block-heading\" id=\"h-vst-tillers-tractors-limited\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/VSTTILLERS\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">VST Tillers Tractors Limited<\/a><\/strong><\/h4><p>VTT Ltd is a small-cap company has a market capitalization of Rs. 3,214.64 Cr. At 12:25 p.m. shares are trading 9.52% up at Rs. 3,652.05.<\/p><p>According to the company\u2019s filing, VST Ltd has entered into a master service agreement with Solectrac Inc., USA to jointly develop Electric Power tillers and other Agricultural machineries.<\/p><p>The company\u2019s total revenue increased by 11% YoY from Rs. 238.26 Cr in Q1 FY23 to Rs. 264.26 Cr in Q1 FY24, for the same period net profits grew by 228% YoY from Rs. 10.05 Cr in Q1 FY23 to Rs. 32.99 Cr in Q1 FY24.<\/p><div class=\"trade-content_5\" id=\"trade-1961828886\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>As per the latest shareholding information, Promoters hold 55.57% and the Public hold a 44.42% stake in this company.<\/p><p>VST Shakti produces tractors and multipurpose agricultural tillers. Agriculture machinery manufacturing and trading are the company&#8217;s primary business activities. The company has increased its presence in over 20 nations in the previous two years with an eye on worldwide opportunities.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sheshadri N<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" style=\"object-fit:cover;width:256px;height:256px\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3757018635\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This small-cap stock soars ~10% on Friday as a result of the agreement with a US-based company. A significant volume rise that was higher than the previous day and the previous week is helping to support the stock price. This stock is currently trading higher than both the 50-day and 200-day moving averages. This stock [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":80156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[948,936,11325,9142,9141,11324],"class_list":["post-108051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-stock-market","tag-stock-market-news","tag-vst-tillers-tractors-latest-deals","tag-vst-tillers-tractors-latest-news","tag-vst-tillers-tractors-share-price","tag-why-is-vst-tillers-tractors-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Auto stock jumps more than 10% after entering into an agreement with a US based company - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"This small-cap stock soars ~10% on Friday as a result of the agreement with a US-based company. 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