TVS Motor Company is currently trading at Rs. 51.45, up by 0.65 points or 1.28% from its previous closing of Rs. 50.80 on the BSE.
The scrip opened at Rs. 51.20 and has touched a high and low of Rs. 52.00 and Rs. 51.00 respectively. So far 1,00,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 52.50 on 23-Oct-2013 and a 52 week low of Rs. 28.10 on 31-Jul-2013.
Last one week high and low of the scrip stood at Rs. 52.50 and Rs. 48.60 respectively. The current market cap of the company is Rs. 2,441 crore.
The promoters holding in the company stood at 57.40% while Institutions and Non-Institutions held 20.80% and 21.81% respectively.
The company has reported a rise of 96.59% in its net profit at Rs 88.84 crore for the quarter as compared to Rs 45.19 crore for the same quarter in the previous year. Total income from operation of the company has increased by 16.12% at Rs 1988.37 crore for quarter under review as compared to Rs 1712.35 crore for the quarter ended September 30, 2012.
TVS Motor Company is the flagship of the $6 billion Indian conglomerate, TVS Group which recently celebrated one hundred years in the automotive business in India. The company recently won 'India's Most Trusted Two Wheeler Brand' Award from the Times Group.
