GST relief powers tractor stocks: Escorts Kubota, VST Tillers climb up to 14%
Escorts Kubota shares surged 14% on September 4 after the GST Council reduced tractor taxes from 12% to 5%. This decision is expected to boost demand for agricultural machinery, benefiting companies like VST Tillers and Mahindra & Mahindra amid favorable rural conditions.
Escorts Kubota shares surged 14% on September 4 after the GST Council reduced tractor taxes from 12% to 5%. This decision is expected to boost demand for agricultural machinery, benefiting companies like VST Tillers and Mahindra & Mahindra amid favorable rural conditions.
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