TVS Motors Company is currently trading at Rs. 284.50, up by 8.35 points or 3.02% from its previous closing of Rs. 276.15 on the BSE.
The scrip opened at Rs. 278.55 and has touched a high and low of Rs. 284.50 and Rs. 278.55 respectively. So far 32,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 310.80 on 13-Feb-2015 and a 52 week low of Rs. 201.00 on 24-Aug-2015.
Last one week high and low of the scrip stood at Rs. 294.85 and Rs. 269.70 respectively. The current market cap of the company is Rs. 13,516.00 crore.
The promoters holding in the company stood at 57.40% while Institutions and Non-Institutions held 28.84% and 13.76% respectively.
TVS Motors Company has tied up with Snapdeal for online sales of their motorcycles and scooters in India. Snapdeal is expected to commence sale of TVS products from the following month. Currently, the company has approximately 1,000 dealerships across India. There are also 3,000 sub-dealerships setups across the country to maximise its reach to buyers. Online sale on motorcycles and scooters is expected to boost sales of the company.
TVS Motor Company is the one of the largest two-wheeler manufacturer in India and one among the top ten in the world
