TVS Motor moves up on launching TVS Apache 160 2V in Bangladesh
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TVS Motor Company is currently trading at Rs. 1071.80, up by 4.05 points or 0.38% from its previous closing of Rs. 1067.75 on the BSE.
The scrip opened at Rs. 1064.80 and has touched a high and low of Rs. 1086.10 and Rs. 1061.05 respectively. So far 25642 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1094.65 on 21-Sep-2022 and a 52 week low of Rs. 513.00 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 1094.65 and Rs. 1012.40 respectively. The current market cap of the company is Rs. 50613.41 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 launched TVS Apache 160 2V with ABS (Anti-lock Braking System) in Bangladesh. The new generation ABS unit on the TVS Apache RTR series motorcycles has been developed with a special algorithm, extensively derived out of the racing track. This enables the rider to find the quickest line around the corner without losing any speed.
The motorcycle boasts single channel super moto ABS unit that has been conceived and perfected on the track. The system gives the racer total breaking control while providing sharp feedback. Powered by RTR oversquare engine, the TVS Apache RTR 160 2V BS-IV is powered by a fuel injected 159.7 cc single-cylinder 2-valve SOHC air-cooled motor. The Apache RTR 160 2V also comes equipped with Glide Through Technology (GTT) and a fuel-injected engine. GTT is essentially a torque assist system, which automatically increases engine torque when you want to ride the bike at low speeds in city traffic.
TVS Motor Company is a reputed two and three-wheeler manufacturer.
