The counter opened at Rs 641.5 and touched an intraday high and low of Rs 642.95 and Rs 637.0, respectively, in the session so far. The stock of TVS Motor Company Ltd. quoted a 52-week high of Rs 665.7 and a 52-week low of Rs 316.55.
As per BSE, the total market cap of the TVS Motor Company Ltd. stood at Rs 30327.19 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 6140.54 crore for the quarter ended 31-Mar-2021, up 0.47 per cent from previous quarter’s Rs 6111.56 crore and up 48.73 per cent from the year-ago quarter’s Rs 4128.67 crore.
The net profit for latest quarter stood at Rs 310.05 crore, up 318.7 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2021, domestic institutional investors held 11.5 per cent stake in the company, while foreign institutional investors held 12.34 per cent and the promoters 57.4 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 51.03 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.
