TVS Motor Company Ltd. share price down 0.45 per cent

Shares of Ltd. traded 0.45 per cent up at Rs 581.4 at around 01:57PM (IST) on Monday. The stock had closed at Rs 584.05 in the previous session. Equity benchmark Sensex traded 386.26 points lower at 49471.98 around the same time.

The scrip has climbed 52.46 per cent in the last one year till date, while the 30-share index has gained 71.42 per cent during the same period.

The stock’s 52-week high price stood at Rs 659.8 and the 52-week low price at Rs 240.1.

Trading volume on the counter stood at 284,031 shares, while it quoted a price-to-earnings ratio of 76.95, an EPS value of 7.54 and a price-to-book value of 4.3. In the Nifty50 pack, 22 stocks traded in the green, while 28 stocks were in the red.

Promoter/FII Holding
Promoters held 57.4 per cent stake in the company as of 31-Dec-2020, while FII and mutual funds’ ownership stood at 11.15 per cent and 12.06 per cent, respectively.

Key Financials
For the quarter ended 31-Dec-2020, the company reported consolidated sales of Rs 6111.56 crore, up 15.98 per cent from the previous quarter’s Rs 5269.59 crore and up 27.88 per cent from the year-ago quarter’s Rs 4779.32 crore. The company reported net profit of Rs 283.65 crore for the latest quarter.

Technical Indicators

The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.



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