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12-Sep2018

TVS Motor moves up on launching 125cc scooter

TVS Motor Company is currently trading at Rs. 576.50, up by 2.30 points or 0.40% from its previous closing of Rs. 574.20 on the BSE.

The scrip opened at Rs. 570.00 and has touched a high and low of Rs. 577.00 and Rs. 568.95 respectively. So far 24821 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 794.90 on 02-Jan-2018 and a 52 week low of Rs. 507.35 on 31-Jul-2018.

Last one week high and low of the scrip stood at Rs. 598.00 and Rs. 560.00 respectively. The current market cap of the company is Rs. 27174.98 crore.

The promoters holding in the company stood at 57.40%, while Institutions and Non-Institutions held 31.04% and 11.57% respectively.

TVS Motor Company has launched their 125cc connected scooter TVS NTORQ 125 at the National Automobile Dealers Association (NADA) Auto Show 2018 held in Kathmandu, Nepal.

Designed for the youth, TVS NTORQ 125 has been developed based on the TVS Racing pedigree and comes with the state-of-the-art CVTi-REVV 3 Valve engine. The scooter also marks the launch of an exclusive technology platform - TVS SmartXonnect - making it a connected scooter.

TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group.



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