TVS Motor Company gains as its arm unveils TVS iQube electric scooter in Indonesia
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TVS Motor Company is currently trading at Rs. 2438.25, up by 17.30 points or 0.71% from its previous closing of Rs. 2420.95 on the BSE.
The scrip opened at Rs. 2421.05 and has touched a high and low of Rs. 2444.80 and Rs. 2420.00 respectively. So far 8507 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2454.95 on 12-Jun-2024 and a 52 week low of Rs. 1288.85 on 26-Jun-2023.
Last one week high and low of the scrip stood at Rs. 2454.95 and Rs. 2385.10 respectively. The current market cap of the company is Rs. 115968.76 crore.
The promoters holding in the company stood at 50.27%, while Institutions and Non-Institutions held 41.08% and 8.65% respectively.
TVS Motor Company’s subsidiary -- PT TVS Motor is unveiling its electric scooter, TVS iQube, at the Jakarta Fair in Indonesia. This is the first time that TVS iQube - a choice of more than 300,000 customers globally - will be on display in Indonesia. TVS iQube has cutting-edge EV technology, robust build quality and class leading comfort of a premium scooter with zero tail pipe emission. It represents the future of urban commuting – a perfect blend of style, performance, and environmental responsibility.
TVS iQube comes with a real-world range of 100 KM on a single charge, a top rated speed of 78 KM/H, choice of ECO and POWER modes and acceleration from 0-40 KM/H in just 4.2 seconds. It has two Lithium-Ion battery packs with a 650W carry-along-charger that helps charge the vehicle from 0-80% in 4 hours and 30 minutes. The carry-along-charger can be plugged into any 5A household socket. The Jakarta Fair generates sustained interest from auto enthusiasts and TVS Motor Company looks forward to apprising visitors of its technological prowess and eco-friendly transportation solutions.
TVS Motor Company is a reputed two and three-wheeler manufacturer. TVS Motor’s strength lies in its extensive research and development, resulting in products that are industry leading in terms of innovation.
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