Earlier in the day, the stock saw a gap up opening.
At the prevailing price, the stock traded at 51.39 times its trailing 12-month EPS of Rs 12.51 per share and 4.3 times its book value, as per BSE data.
A total of 364,842 shares changed hands on the counter till 10:00AM (IST). The stock commands a market value of Rs 30538.6 crore and is part of the Auto – 2 & 3 Wheelers industry.
The scrip has been an outperformer , up 117.53 per cent in the past one year in comparison with a 78.59 per cent gain in Sensex.
During the day, the stock moved between Rs 646.65 and Rs 598.7.
Promoter/FII Holding
Promoters held 57.4 per cent in the company as of 31-Mar-2021. FII and MF ownership in TVS Motor Company Ltd. stood at 12.34 per cent and 11.5 per cent, respectively.