TVS Motor trades higher on launching ‘TVS Raider’ motorcycle for Gen Z in Latin America

TVS Motor Company is currently trading at Rs. 600.55, up by 2.80 points or 0.47% from its previous closing of Rs. 597.75 on the BSE.

TVS Motor Company
TVS Motor Company

The scrip opened at Rs. 607.55 and has touched a high and low of Rs. 609.20 and Rs. 597.45 respectively. So far 27155 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 793.45 on 09-Nov-2021 and a 52 week low of Rs. 495.00 on 24-Aug-2021.

Last one week high and low of the scrip stood at Rs. 637.90 and Rs. 596.05 respectively. The current market cap of the company is Rs. 28593.12 crore.

The promoters holding in the company stood at 52.26%, while Institutions and Non-Institutions held 38.32% and 9.42% respectively.

TVS Motor Company has launched the feature-rich offering in the 125cc segment TVS Raider for the aspirational young customers across countries in Latin America (LATAM). The distinctly young and sporty motorcycle comes with first-in-class features such as an LCD digital speedometer, 3V i-Touch Start, animalistic LED headlamp and first-in-segment under-seat storage. The new generation bike has been launched for Gen Z customers in Colombia, Guatemala, Honduras and Nicaragua.

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

Leave a Reply

Your email address will not be published. Required fields are marked *