TVS Motor Company is currently trading at Rs. 660.10, up by 5.45 points or 0.83% from its previous closing of Rs. 654.65 on the BSE.

The scrip opened at Rs. 655.20 and has touched a high and low of Rs. 663.00 and Rs. 643.30 respectively. So far 37302 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. 488.90 on 18-Jan-2021.

Last one week high and low of the scrip stood at Rs. 663.00 and Rs. 637.60 respectively. The current market cap of the company is Rs. 31332.00 crore.

The promoters holding in the company stood at 52.26%, while Institutions and Non-Institutions held 37.92% and 9.82% respectively.

TVS Motor Company has entered into a strategic partnership with Swiggy, India’s leading on-demand delivery platform today. This partnership highlights TVS Motor Company’s commitment to strengthen electrification across diverse mobility segments and aligns with Swiggy’s many efforts to enable the adoption of EVs in its delivery fleet. As part of the MoU, TVS Motor and Swiggy will test the implementation of TVS Motor’s EV for food delivery and other on-demand services of Swiggy.

The two companies are exploring the co-creation of sustainable and comprehensive solutions for Swiggy’s delivery partners. This will include working on customised packages like a need-specific product, flexible financing options and, connected services. Notably, the pilot will play a vital role in the adoption of EVs in food delivery and on-demand delivery services.

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