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TVS Motor surges on introducing new version of scooter Wego

12 Oct 2018 Evaluate

TVS Motor Company is currently trading at Rs. 524.80, up by 9.70 points or 1.88% from its previous closing of Rs. 515.10 on the BSE.

The scrip opened at Rs. 515.90 and has touched a high and low of Rs. 528.15 and Rs. 515.80 respectively. So far 4964 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. 478.70 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 535.90 and Rs. 478.70 respectively. The current market cap of the company is Rs. 24471.74 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 introduced a new version of its scooter Wego priced at Rs 53,027 (ex-showroom Delhi). The new version comes with new features including a 20-litre utility box, sporty wheel-rim stickers, pass-by switch and a maintenance free battery. Among other features, the 110-cc scooter comes with full metal body and advanced digital speedometer.

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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