The counter had a total traded volume of 01:39PM shares so far with a turnover of Rs 14.43 crore on BSE. The stock traded at a price-to-earnings multiple of 50.55 and a price-to-book ratio of 4.3.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Promotor/FII Holding
Promoters held 114.8 per cent stake in the company as of 31-Mar-2021, while FIIs and domestic institutional investors ownership stood at 24.68 per cent and 41.7 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 6140.54 crore for the quarter ended 31-Mar-2021, up 0.47 per cent from the previous quarter’s Rs 6111.56 crore and up 48.73 per cent from the year-ago quarter’s Rs 4128.67 crore.
Its profit for the latest quarter stood at Rs 310.05 crore, up 318.7 per cent from the same quarter a year ago.
