TVS Motor Company is currently trading at Rs. 614.35, up by 1.90 points or 0.31% from its previous closing of Rs. 612.45 on the BSE.
The scrip opened at Rs. 615.20 and has touched a high and low of Rs. 615.65 and Rs. 612.70 respectively. So far 3662 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 665.70 on 27-May-2021 and a 52 week low of Rs. 377.00 on 30-Jun-2020.
Last one week high and low of the scrip stood at Rs. 630.25 and Rs. 610.50 respectively. The current market cap of the company is Rs. 29096.71 crore.
The promoters holding in the company stood at 57.40%, while Institutions and Non-Institutions held 33.18% and 9.42% respectively.
TVS Motor Company has launched a cost-friendly scheme for the multi-utility vehicle, TVS XL100. The scheme 'Easy to Buy at Rs 49 a day' is in line with the company's endeavour to offer affordable mobility solutions.
Customers can now purchase TVS XL100 i-TOUCHstart variants at Rs 49 per day. With this scheme, Rs 49 x 30 days, customers will be able to pay EMI at a nominal price of Rs 1,470 per month. This will not include daily collection or repayment as customers will only be required to pay monthly EMIs.
The purpose of the scheme is to make personal mobility accessible to customers for their daily commute and the company is collaborating with financiers such as TVS Credit Services, Shriram Finance, L&T and IDFC First Bank, and the same EMI can be availed across four different tenures.
TVS Motor Company is a reputed two and three-wheeler manufacturer.
