TVS Motor Company is currently trading at Rs. 34.10, up by 0.10 points or 0.29% from its previous closing of Rs. 34.00 on the BSE.
The scrip opened at Rs. 34.00 and has touched a high and low of Rs. 34.40 and Rs. 33.80 respectively. So far 77913 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. 31.90 on 04-Jun-2012.
Last one week high and low of the scrip stood at Rs. 35.00 and Rs. 32.30 respectively. The current market cap of the company is Rs. 1615.30 crore.
The promoters holding in the company stood at 59.31% while Institutions and Non-Institutions held 19.14% and 21.55% respectively.
TVS Motor Company, two-wheeler major is likely to come out with a slew of technologies that can make its vehicles more cost efficient. It has incorporated engine and transmission efficiencies and energy conservation related technologies. The company aims to increase two-wheelers mileage by 20% against 40 km to a litre at present.
The entity is going to test its first set of vehicles in September this year and after the necessary alterations, it will go into production and hit the roads in December 2013. It has included hybrid technologies that will enable a two-wheeler to switch between petrol/diesel and electric power, powered by its intelligent controllers. It has also built-in energy conservation technologies in its bikes and scooters that will reduce aero dynamic losses, wearing of tires due to road friction and fuel injection related issues.
Company Name | CMP |
---|---|
Bajaj Auto | 8966.30 |
Hero MotoCorp | 5178.70 |
TVS Motor | 2252.10 |
Eicher Motors | 4774.45 |
Atul Auto | 515.75 |
View more.. |