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TVS Motor gains on launching TVS XL100 Comfort i-Touchstart

TVS Motor Company is currently trading at Rs. 415.15, up by 2.75 points or 0.67% from its previous closing of Rs. 412.40 on the BSE.

The scrip opened at Rs. 415.00 and has touched a high and low of Rs. 418.55 and Rs. 403.20 respectively. So far 85127 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 594.00 on 13-Dec-2018 and a 52 week low of Rs. 340.30 on 31-Jul-2019.

Last one week high and low of the scrip stood at Rs. 443.50 and Rs. 391.25 respectively. The current market cap of the company is Rs. 19706.61 crore.

The promoters holding in the company stood at 57.40%, while Institutions and Non-Institutions held 32.09% and 10.52% respectively.

TVS Motor Company has launched TVS XL100 Comfort i-Touchstart variant. The vehicle comes fitted with improved styling elements like stylish & elegant headlamp fairing, long and comfortable dual tone seat with cushion back rest, chrome elements – Chrome leg guard & Chrome silencer guard, and front hydraulic suspension that ensure enhanced comfort while commuting.

Available at a highly affordable price point, the vehicle will offer three unique colour schemes – Cool Mint Blue, Luster Gold and Sparking Silver. The vehicle will be launched in Andhra Pradesh followed by a phased launch in other markets. The price of the newly launched XL100 Comfort i-Touchstart starts from Rs 41,234 (Ex- Showroom, AP).

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

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