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TVS Motor surges on plan to introduce three products in 2012

11 Jan 2012 Evaluate

TVS Motor is currently trading at Rs 49.10, up by 0.80 points or 1.66% from its previous closing of Rs 48.30 on the BSE.

The scrip opened at Rs 48.60 and has touched a high and low of Rs 49.50 and Rs 48.50 respectively. So far 157270 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 1 has touched a 52 week high of Rs 70.30 on 31-Oct-2011 and a 52 week low of Rs 43.70 on 09-Feb-2011.

Last one week high and low of the scrip stood at Rs 49.50 and Rs 46.25 respectively. The current market cap of the company is Rs 2327.93 crore.

The promoters holding in the company stood at 59.31% while Institutions and Non-Institutions held 21.15% and 19.54% respectively. 

TVS Motor Company, the Chennai-based two-wheeler maker is likely to introduce three products in 2012. The company is also re-launching its one of the best selling motorcycles 'Victor' in India, as it had discontinued the Victor four years back and was replaced by Centra.

For financial year 2012-13, the company has allocated a capex of Rs 125 crore and it is also mulling to increase its overall production capacity to about 32 lakh units annually by 2013-14, for which it may invest an additional sum of up to Rs 160 crore.

The company is launching another 125cc bike and a 125cc scooter in 2012. It will also unveil and test market a hybrid scooter 'Qube' from June this year that will be commercially launched in 2013. The hybrid scooter is expected to be priced around Rs 60,000-70,000. The company also plans to enter the diesel segment of three-wheelers in the next 12-18 months.

TVS Motor Share Price

3743.60 -7.00 (-0.19%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9777.15
Hero MotoCorp 5229.25
TVS Motor 3743.60
Eicher Motors 7189.40
Ather Energy 850.65
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