TVS Motor Company Ltd. rises 0.22% as Sensex climbs

Shares of Ltd. traded at Rs 586.4 on BSE at 11:28AM (IST) on Thursday, up 0.22 per cent from previous close.

The scrip quoted a 52-week low price of Rs 240.1 and a high of Rs 659.8.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 24,070 lakh shares changed hands on the counter till 11:28AM (IST).

The stock of TVS Motor Company Ltd. commanded a market value of Rs 27856.73 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 77.76, while the price-to-book value ratio stood at 4.3. Return on equity (ROE) was at 19.03 per cent, according to exchange data.

In the BSE500 pack, 376 stocks traded in the green, while 124 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.53.

Promotor/FII Holding

Promoters held 57.4 per cent in TVS Motor Company Ltd. as of 31-Dec-2020 while overseas and domestic institutional investors owned 11.15 per cent and 12.06 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 484.69 on April 01, while the 50-DMA was at 593.01. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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