TVS Motor Company is currently trading at Rs. 541.15, up by 2.65 points or 0.49% from its previous closing of Rs. 538.50 on the BSE.
The scrip opened at Rs. 538.50 and has touched a high and low of Rs. 542.55 and Rs. 538.00 respectively. So far 16003 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 775.35 on 10-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. 550.00 and Rs. 524.70 respectively. The current market cap of the company is Rs. 25725.97 crore.
The promoters holding in the company stood at 57.40%, while Institutions and Non-Institutions held 31.21% and 11.39% respectively.
TVS Motor Company has reportedly pitched for lower the goods and services tax (GST) rate on two-wheelers from current rate of 28 percent. The company said that two-wheeler is an item for mass mobility and cannot be benchmarked against luxury and sin goods.
TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group.