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TVS Motor shines on reporting 13% rise in Q1 net profit

07 Aug 2018 Evaluate

TVS Motor Company is currently trading at Rs. 556.45, up by 28.35 points or 5.37 % from its previous closing of Rs. 528.10 on the BSE.

The scrip opened at Rs. 535.95 and has touched a high and low of Rs. 558.05 and Rs. 518.20 respectively. So far 678018 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 794.90 on 02-Jan-2018 and a 52 week low of Rs. 507.35 on 31-Jul-2018.

Last one week high and low of the scrip stood at Rs. 558.15 and Rs. 508.50 respectively. The current market cap of the company is Rs. 25654.70 crore.

The promoters holding in the company stood at 57.40%, while Institutions and Non-Institutions held 31.04% and 11.57% respectively.

TVS Motor Company has reported a rise of 13.24% in its net profit at Rs 146.61 crore for the quarter ended June 30, 2018 under review as compared to Rs 129.47 crore for the same quarter in the previous year. Total income of the company increased by 9.77% at Rs 4,171.02 crore for Q1FY19 as compared Rs 3,799.81 crore for the corresponding quarter previous year.

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

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