TVS Motor trades higher on launching TVS NEO AMI in Africa
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TVS Motor Company is currently trading at Rs. 1733.00, up by 8.50 points or 0.49% from its previous closing of Rs. 1724.50 on the BSE.
The scrip opened at Rs. 1744.95 and has touched a high and low of Rs. 1744.95 and Rs. 1730.00 respectively. So far 7945 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1779.95 on 20-Nov-2023 and a 52 week low of Rs. 968.00 on 20-Jan-2023.
Last one week high and low of the scrip stood at Rs. 1779.95 and Rs. 1647.65 respectively. The current market cap of the company is Rs. 82349.22 crore.
The promoters holding in the company stood at 50.27%, while Institutions and Non-Institutions held 41.62% and 8.11% respectively.
TVS Motor Company has launched TVS NEO AMI 125 in Africa. Designed for evolving commuting needs, this innovative Bebek is set to delight customers with 72 exciting, new features. TVS NEO AMI, a remarkable Bebek is designed around three core principles: Perfect dimensions, Ultimate convenience, and Intelligent innovation.
A well-tuned 124.8cc, single-cylinder, 4-stroke, 3-valve, air-cooled SOHC- (Single Overhead Camshaft), fuel-injected engine in the TVS NEO AMI will deliver a maximum power output of 9.8 bhp at 7,500 rpm and a peak torque of 10.8 Nm at 5,500 rpm. This means every ride is not just a commute but an adventure waiting to unfold. The mobike comes in three vibrant colours - violet blue, ruby red and heritage black.
TVS Motor Company is a reputed two and three-wheeler manufacturer.
