Powered by: Motilal Oswal
03-08-2022 12:10 PM | Source: Accord Fintech
TVS Motor Company rides high on launching ‘TVS Raider’ motorcycle for Gen Z in Bangladesh
News By Tags | #420 #572 #281

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

TVS Motor Company is currently trading at Rs. 532.65, up by 3.30 points or 0.62% from its previous closing of Rs. 529.35 on the BSE.

The scrip opened at Rs. 526.00 and has touched a high and low of Rs. 533.15 and Rs. 521.50 respectively. So far 38110 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. 611.95 and Rs. 513.00 respectively. The current market cap of the company is Rs. 25098.85 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 feature-rich offering ‘TVS Raider’ in the 125cc segment for the aspirational young customers in Bangladesh. 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.

TVS Raider embodies the TVS Motor Company design spirit of innovation with a unique and bold design theme. The motorcycle has a distinctive macho personality and a special logo to symbolize this theme. The strong and sculpted tank profile lends TVS Raider muscular, solid appeal. At the same time, it is a sporty, compact and agile motorcycle for your everyday ride. Signature design elements of the TVS Raider are its distinctive and aggressive headlamp and tail-lamp that provide excellent visibility. The youthful colour schemes with specially designed textures and finishes are inseparable aspects of its sporty and energetic design.

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