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TVS Motor strengthens on plan to expand market share in motorcycles segment

13 Dec 2012 Evaluate

TVS Motor Company is currently trading at Rs. 39.60, up by 0.35 points or 0.89% from its previous closing of Rs. 39.25 on the BSE.

The scrip opened at Rs. 39.70 and has touched a high and low of Rs. 39.90 and Rs. 39.25 respectively. So far 34749 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 55.50 on 17-Feb-2012 and a 52 week low of Rs. 31.90 on 04-Jun-2012.

Last one week high and low of the scrip stood at Rs. 40.40 and Rs. 38.40 respectively. The current market cap of the company is Rs. 1886.10 crore.

The promoters holding in the company stood at 57.40% while Institutions and Non-Institutions held 19.54% and 23.07% respectively.  

Chennai-based, TVS Motor Company aims to expand its market share in motorcycles segment by 2.5% with the launch of new bike in 125 cc segment. At present, the company has 7% market share in motorcycles segment, which it expects to go up to 9.5%.

The entity is expecting monthly sales of 20,000 units of its new bike which has been rolled out in 125 cc segment. The overall market size of motorcycles in the country is standing at 8.5 lakh units per month which is facing flat growth this year.

 

TVS Motor Share Price

3705.00 -47.25 (-1.26%)
22-Apr-2026 13:09 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9693.00
Hero MotoCorp 5226.00
TVS Motor 3705.00
Eicher Motors 7191.00
Ather Energy 909.10
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