TVS Motor trades marginally higher on launching TVS Star HLX 150 Disc variant for Egypt customers
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TVS Motor Company is currently trading at Rs. 644.05, up by 1.25 points or 0.19% from its previous closing of Rs. 642.80 on the BSE.
The scrip opened at Rs. 642.00 and has touched a high and low of Rs. 647.50 and Rs. 639.55 respectively. So far 7355 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. 670.15 and Rs. 631.20 respectively. The current market cap of the company is Rs. 30626.49 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 its motorcycle TVS Star HLX 150 Disc Variant in Egypt. The company is launching the product to offer an attractive personal mobility option to rural and urban Egyptian commuters. TVS HLX has recently crossed a sales milestone of two million units across global markets. TVS HLX series, launched in 2013, has stayed true to the brand’s promise of being a sturdy product that is highly reliable across rugged terrains.
The all-new TVS Star HLX 150 cc Disc variant will join the two-wheeler portfolio in the Egypt market, offering unique propositions like high durability, comfort, and attractive attributes. TVS Star HLX 150 comes with a powerful 150 cc Ecothrust Engine with IOC Technology delivering superior mileage, better startability, refinement, and durability. The motorcycle gets a battery saver DC Headlamp for better brightness and less flicker.
TVS Motor Company is a reputed two and three-wheeler manufacturer.
