TVS Motor inches up on launching iQube Electric scooter
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TVS Motor Company is currently trading at Rs. 611.00, up by 1.20 points or 0.20% from its previous closing of Rs. 609.80 on the BSE.
The scrip opened at Rs. 609.00 and has touched a high and low of Rs. 611.50 and Rs. 601.35 respectively. So far 11255 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 665.70 on 27-May-2021 and a 52 week low of Rs. 362.65 on 19-Jun-2020.
Last one week high and low of the scrip stood at Rs. 638.70 and Rs. 593.00 respectively. The current market cap of the company is Rs. 28873.42 crore.
The promoters holding in the company stood at 57.40%, while Institutions and Non-Institutions held 33.18% and 9.42% respectively.
TVS Motor Company has launched its iQube Electric scooter. TVS iQube Electric is a green and connected, fun to ride urban scooter powered by an advanced electric drivetrain and next-gen TVS SmartXonnect platform. TVS iQube Electric is a blend of an advanced electric drivetrain and the next-gen TVS SmartXonnect platform.
TVS iQube Electric ecosystem is built around digital platforms that enable the customers to have the convenience of booking and paying for the vehicle online, along with getting assured contactless deliveries. TVS iQube Electric is equipped with a 4.4 kW electric motor to deliver high power and efficiency with no transmission loss. The scooter has a max speed of 78 kmph and traverses 75 kms with a full charge.
TVS Motor Company is a reputed two and three-wheeler manufacturer.
