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2026-07-31 04:49:06 pm | Source: Accord Fintech
TVS Srichakra moves up as its tyre brand opens three new exclusive retail stores
TVS Srichakra moves up as its tyre brand opens three new exclusive retail stores

TVS Srichakra is currently trading at Rs. 3937.45, up by 12.40 points or 0.32% from its previous closing of Rs. 3925.05 on the BSE.

The scrip opened at Rs. 3947.40 and has touched a high and low of Rs. 3956.65 and Rs. 3937.45 respectively. So far 25 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 4787.80 on 04-Dec-2025 and a 52 week low of Rs. 2761.05 on 08-Aug-2025.

Last one week high and low of the scrip stood at Rs. 4056.40 and Rs. 3,911.10 respectively. The current market cap of the company is Rs. 3014.93 crore.

The promoters holding in the company stood at 45.70%, while Institutions and Non-Institutions held 7.10% and 47.19% respectively.

TVS Srichakra’s 2 & 3-wheeler tyre brand -- Eurogrip Tyres has opened its three new exclusive retail stores in Mehsana, Gujarat; Noida and Bareilly in Uttar Pradesh, taking the total number of stores to 19 reinforcing its commitment to providing customers with a complete tyre and 2-wheeler care experience. The new retail outlets were inaugurated in the presence of distinguished guests including members of the Eurogrip team and business partners.

The newly launched stores house Eurogrip’s range of tyres across various patterns and sizes, along with tubes designed to suit a wide range of 2-wheelers. From scooters and commuter motorcycles to mid-range performance bikes, adventure touring bikes, the outlets aim to cater to diverse riding needs under one roof. In addition to product range, the stores will provide a comprehensive set of services including professional tyre fitment, tyre care, puncture repair and air pressure checks. The outlets will also assist customers with warranty-related support, ensuring a seamless ownership experience.

The expansion is part of the company’s broader strategy to strengthen its branded retail footprint across key markets in India while providing customers with a consistent and trusted service environment. In addition to recently opened stores in Hyderabad, Panipat, Bahraich, Ludhiana, Delhi and Alappuzha, Eurogrip operates retail experience stores in Chennai, Mysuru, Patna, Farrukhabad, Ahmedabad, and Rajkot.

TVS Srichakra is one of India's leading two- and three -wheeler tyre manufacturer. The company is recognised as a large manufacturer of industrial pneumatic tyres, flotation, motor grader, farm & implement tyres, skid steer tyres, multipurpose tyres and vintage tyres.

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