MoneyWorks4Me

TVS Motor inches up on launching BSIV compliant ‘TVS Jupiter’

15 Mar 2017 Evaluate

TVS Motor Company is currently trading at Rs. 436.20, up by 0.40 points or 0.09% from its previous closing of Rs. 435.80 on the BSE.

The scrip opened at Rs. 436.40 and has touched a high and low of Rs. 440.00 and Rs. 433.65 respectively. So far 77,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 442.80 on 27-Feb-2017 and a 52 week low of Rs. 277.95 on 04-May-2016.

Last one week high and low of the scrip stood at Rs. 440.00 and Rs. 416.00 respectively. The current market cap of the company is Rs. 20,723.30 crore.

The promoters holding in the company stood at 57.40%, while Institutions and Non-Institutions held 31.12% and 11.49% respectively.

TVS Motor Company, a leading two-wheeler manufacturer in India has launched its BSIV compliant ‘TVS Jupiter’ and added two new colours - Jade Green and Mystic Gold. The refreshed scooter is now BSIV compliant, with Auto Headlamp On (AHO) and equipped with Sync Braking System (SBS).

SBS ensures rider safety as it automatically activates the front brakes when the rear brakes are used. The feature, previously available on ZX range will now be available on the Base variant as well. There is no revision in the prices for the BS IV models of Jupiter, priced at Rs 49,666 (ex-showroom Delhi), the scooter is available across all TVS dealerships.

TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the $7 billion TVS Group.


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