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TVS Motor Company acquires 1.81% stake in Rapido

18 Apr 2022 Evaluate

TVS Motor Company has acquired 1.81% stake in Roppen Transportation Services (Rapido). The company's holding in Rapido will constitute less than 5% of the shares or voting rights in Rapido. The announcement was made on April 15, 2022.

TVS Motor Company is a reputed two and three-wheeler manufacturer.

Peers
Company Name CMP
Bajaj Auto 9861.10
TVS Motor Company 3920.20
Hero MotoCorp 4991.10
Eicher Motors 6960.00
OLA Electric Mobilit 36.30
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