TVS Motor Stock Price: TVS Motor shares up 1.42% as Nifty gains

NEW DELHI: Shares of Company Ltd. traded 1.42 per cent up in Tuesday’s trade at 12:04PM (IST). Around 14,266 shares changed hands on the counter.

The stock opened at Rs 540.0 and touched an intraday high and low of Rs 547.2 and Rs 540.0, respectively, in the session so far. The stock of TVS Motor Company Ltd. quoted a 52-week high of Rs 659.8 and a 52-week low of Rs 289.2.

Total market cap of the TVS Motor Company Ltd. stood at Rs 25885.12 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 6111.56 crore for the quarter ended 31-Dec-2020, up 15.98 per cent from previous quarter’s Rs 5269.59 crore and up 27.88 per cent from the year-ago quarter’s Rs 4779.32 crore.

The net profit for latest quarter stood at Rs 283.65 crore, up 88.33 per cent from the corresponding quarter last year.

Shareholding pattern

As of 31-Mar-2021, domestic institutional investors held 23.0 per cent stake in the company, while foreign institutional investors held 24.68 per cent and the promoters 114.8 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 72.25 and a price-to-book ratio of 4.3. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

TVS Motor Company Ltd. belongs to the Auto – 2 & 3 Wheelers industry.

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