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TVS Motor catches speed on the buzz of launching TVS XL100 BS VI range

19 Mar 2020 Evaluate

TVS Motor Company is currently trading at Rs. 364.25, up by 3.35 points or 0.93% from its previous closing of Rs. 360.90 on the BSE.

The scrip opened at Rs. 353.00 and has touched a high and low of Rs. 372.30 and Rs. 342.30 respectively. So far 48413 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 524.80 on 18-Apr-2019 and a 52 week low of Rs. 340.30 on 31-Jul-2019.

Last one week high and low of the scrip stood at Rs. 407.90 and Rs. 342.30 respectively. The current market cap of the company is Rs. 17302.67 crore.

The promoters holding in the company stood at 57.40%, while Institutions and Non-Institutions held 32.56% and 10.04% respectively.

TVS Motor Company has reportedly launched the TVS XL100 BS VI range in Maharashtra. The XL100 BS VI comes with EcoThrust Fuel Injection (ETFi) technology making it economical and an Integrated Starter Generator (ISG) system that enables smooth and silent start.

The XL100 is available in three variants -- Heavy Duty i-Touchstart BS VI at Rs 43,889; XL100 Heavy Duty i-Touchstart Special Edition BS VI at Rs 45,129 and XL100 Comfort i-Touchstart BS VI at Rs 45,459 (all-prices ex-showroom Tamil Nadu).

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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