TVS Motor Company is currently trading at Rs. 917.85, up by 48.65 points or 5.60% from its previous closing of Rs. 869.20 on the BSE.

The scrip opened at Rs. 903.00 and has touched a high and low of Rs. 953.05 and Rs. 898.10 respectively. So far 145124 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 953.05 on 29-Jul-2022 and a 52 week low of Rs. 495.00 on 24-Aug-2021.

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

Last one week high and low of the scrip stood at Rs. 953.05 and Rs. 837.25 respectively. The current market cap of the company is Rs. 44133.22 crore.

The promoters holding in the company stood at 50.81%, while Institutions and Non-Institutions held 40.59% and 8.60% respectively.

TVS Motor Company has reported 6-fold jump in its net profit at Rs 320.54 crore for first quarter ended June 30, 2022 as compared to Rs 53.15 crore for the same quarter in the previous year. Total income of the company increased by 53.23% at Rs 6,030.92 crore for Q1FY23 as compared Rs 3,935.95 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit of Rs 296.75 crore for first quarter ended June 30, 2022 as compared to net loss of Rs 14.72 crore for the same quarter in the previous year. Total income of the company increased by 56.60% at Rs 7,347.83 crore for Q1FY23 as compared Rs 4,692.03 crore for the corresponding quarter previous year.

By Editor

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