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TVS Motor rises on launching new 110cc commuter motorcycle ‘TVS Radeon’

23 Aug 2018 Evaluate

TVS Motor Company is currently trading at Rs. 541.20, up by 0.20 points or 0.04% from its previous closing of Rs. 541.00 on the BSE.

The scrip opened at Rs. 541.00 and has touched a high and low of Rs. 545.00 and Rs. 529.85 respectively. So far 37420 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. 550.30 and Rs. 514.25 respectively. The current market cap of the company is Rs. 25752.10 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 launched a new 110cc commuter motorcycle - TVS Radeon. A unique combination of sturdy metal build, robust style and plush comfort, TVS Radeon is targeted at the confident self-made Indian man.

With the inclusion of this offering, TVS Motor Company’s robust commuter motorcycle portfolio has been further strengthened with a clear emphasis on developing products which not only meet distinct customer requirements but also create customer delight.

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

Peers
Company Name CMP
Bajaj Auto 9695.00
TVS Motor Company 3889.95
Hero MotoCorp 4863.40
Eicher Motors 6825.00
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