TVS Motor Company gains on launching all-new TVS RONIN

TVS Motor Company is currently trading at Rs. 832.90, up by 7.55 points or 0.91% from its previous closing of Rs. 825.35 on the BSE.

tvs motor company shines on reporting 15 rise in q2 consolidated net profit
tvs motor company shines on reporting 15 rise in q2 consolidated net profit

The scrip opened at Rs. 835.95 and has touched a high and low of Rs. 840.00 and Rs. 831.90 respectively. So far 8794 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 885.85 on 01-Jul-2022 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. 885.85 and Rs. 809.95 respectively. The current market cap of the company is Rs. 39211.31 crore.

The promoters holding in the company stood at 50.81%, while Institutions and Non-Institutions held 40.48% and 8.72% respectively.

TVS Motor Company has forayed into the premium lifestyle segment with the launch of the industry’s first ‘modern-retro’ motorcycle – the TVS RONIN.

Designed ground up, the TVS RONIN is a lifestyle statement that takes inspiration from the modern, new-age rider. The TVS RONIN is designed with the style, technology, and riding experience to promote an unscripted lifestyle.

Marking the company’s entry into the segment of premium lifestyle motorcycling, the motorcycle is an extension of its commitment to bringing in a new way of riding.

The TVS RONIN’s versatile features, combined with a unique design and modern technology, ensure stress-free riding experiences across terrains.

The motorcycle is also one of many firsts with impressive technology and convenience features like dual-channel ABS, voice assistance, and enhanced connectivity.

In another first, the TVS RONIN will launch with an exclusive range of branded world-class merchandise and custom accessories, a configurator and a dedicated experience program.

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