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TVS Motor Company trades in green on the bourses

18 Sep 2018 Evaluate

TVS Motor Company is currently trading at Rs. 590.70, up by 1.50 points or 0.25% from its previous closing of Rs. 589.20 on the BSE.

The scrip opened at Rs. 591.35 and has touched a high and low of Rs. 602.00 and Rs. 589.30 respectively. So far 88045 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. 602.00 and Rs. 568.95 respectively. The current market cap of the company is Rs. 28170.29 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’s 125cc scooter offering TVS NTORQ 125 has crossed the 1 lakh sales mark. The brand has also introduced a new colour - Metallic Red ahead of the festive season.

TVS NTORQ 125, which was launched in February 2018, has been developed based on the TVS Racing pedigree and comes with the state-of-the-art CVTi-REVV 3 Valve engine. The scooter, which is targeted at the Gen Z, boasts of an exclusive technology platform - TVS SmartXonnect - making it India’s first connected scooter. Within 6 months of the launch, the scooter has witnessed immense demand from the target audience leading to 22 lakh visits on the website and consistent enquiries across dealer channels as well as social media platforms.

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 9650.00
TVS Motor Company 3860.00
Hero MotoCorp 4860.00
Eicher Motors 6790.00
OLA Electric Mobilit 34.50
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