HDFC Mutual Fund (MF) has acquired 1.71% stake in VST Tillers Tractors through open market. The MF firm has bought a total of 147,587 shares of the company for Rs 8.80 crore through two bulk deals on the NSE and BSE.
Of total, the HDFC MF has bought 72,508 shares at Rs 596 on the BSE, while HDFC Trustee Co. -- HDFC Prudence Fund -- has acquired 75,079 shares at Rs 596 on the NSE.
VST Tillers Tractors was incorporated in technical collaboration and joint venture with Mitsubishi Heavy Industries and Mitsubishi Corporation, Japan for the manufacture of Power Tillers and Diesel Engines.
