TVS Motor Company jumps as its arm to open bookings for TVS iQube in Indonesia
TVS Motor Company is currently trading at Rs. 2811.35, up by 36.25 points or 1.31% from its previous closing of Rs. 2775.10 on the BSE.
The scrip opened at Rs. 2799.60 and has touched a high and low of Rs. 2825.00 and Rs. 2765.90 respectively. So far 8819 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2958.15 on 27-Sep-2024 and a 52 week low of Rs. 2170.05 on 14-Jan-2025.
Last one week high and low of the scrip stood at Rs. 2825.00 and Rs. 2678.05 respectively. The current market cap of the company is Rs. 133748.90 crore.
The promoters holding in the company stood at 50.27%, while Institutions and Non-Institutions held 41.22% and 8.52% respectively.
TVS Motor Company’s subsidiary -- PT TVS Motor is all set to open bookings for its flagship all-electric scooter -- TVS iQube from June 19 in Indonesia. It will be displayed at the new TVS Experience Centre in Rumaradal, Jakarta and will also be seen at the Jakarta Fair, which starts on June 19. An introductory price of 29.9 million Indonesian Rupiah (IDR) has been announced for the TVS iQube S for a limited period.
TVS iQube, a choice of more than 600,000 customers globally, is built for a premium riding experience with best-in-class ride comfort. It offers a real-world range of 115 km on a single charge, a choice of ECO and POWER modes and a top speed of 78 kmph. Its quick acceleration delivers 0 to 40 kmph in just 4.2 seconds making it ideal for urban commuting. With a robust dual pack lithium-ion battery and a best-in-class portable 950 Watt charger, the TVS iQube S can be charged from 0-80% in just 3 hours making it convenient and reliable. An ample storage space of 32 litres further enhances the commuting experience.
TVS Motor Company is a two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia.
