TVS Motor Company rides high on launching revolutionary premium electric crossover `TVS X`
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TVS Motor Company is currently trading at Rs. 1375.30, up by 19.85 points or 1.46% from its previous closing of Rs. 1355.45 on the BSE.
The scrip opened at Rs. 1365.00 and has touched a high and low of Rs. 1382.90 and Rs. 1354.20 respectively. So far 28657 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1400.55 on 26-Jul-2023 and a 52 week low of Rs. 930.00 on 29-Aug-2022.
Last one week high and low of the scrip stood at Rs. 1382.90 and Rs. 1326.05 respectively. The current market cap of the company is Rs. 65132.07 crore.
The promoters holding in the company stood at 50.27%, while Institutions and Non-Institutions held 41.54% and 8.19% respectively.
In line with its commitment towards offering sustainable mobility solutions globally, TVS Motor Company has launched the keenly anticipated, TVS X its flagship crossover EV with a host of industry first attributes. This revolutionary machine sets a new benchmark in the global electric mobility industry with its stunning design, unmatched performance, and cutting-edge tech features, carving out a new category in the electric mobility segment. As a frontrunner in sustainable mobility solutions, the company aims to transform the EV segment and reaffirm its commitment to a more sustainable and cleaner future.
With a rapid uptick in the adoption of EVs globally, the TVS X will play a pivotal role in creating a niche in the EV industry. Backed by rider-first engineering, to deliver rider-machine unity, this lean-mean-clean machine designed to create desire, has been developed from the ground up at TVS Motor’s R&D facility. Designed, developed, and made-in-India, TVS X comes with a powerful electric motor and advanced battery technology. This machine promises not only thrilling acceleration but also an impressive range, ensuring convenience and comfort, thus making it an ideal zero-emission and sophisticated electric mobility solution.
TVS Motor Company is a reputed two and three-wheeler manufacturer.
