TVS Motor share price: TVS Motor shares down 0.08% as Nifty falls

Shares of Company Ltd. rose 0.08 per cent to Rs 628.75 in Tuesday’s trade. It hit an intraday high of Rs 635.3 and low of Rs 626.5, respectively, during the day.

The stock quoted a 52-week high price of Rs 665.7 and low of Rs 336.55.

As of 01:26PM (IST), the counter saw total traded volume of 27,415 shares with a traded value of Rs 1.72 crore, according to NSE.

The stock had closed at Rs 629.25 in the previous session.

The scrip has advanced 4.24 per cent in the past one month till date, while the benchmark BSE Sensex has gained 8.39 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 50.15 while price-to-book ratio stood at 4.3. A higher P/E ratio shows that 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 it reflects the price investors are ready to pay even for no growth in a business.

The stock belongs to the Auto – 2 & 3 Wheelers industry.

Promoter/FII Holding
Promoters held 57.4 per cent stake in the company as of 31-Mar-2021, while FII and MF ownership in the firm stood at 12.34 per cent and 11.5 per cent, respectively.

Key Financials
The company reported consolidated 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 net profit for the latest quarter stood at Rs 310.05 crore, up 318.7 per cent from the same quarter a year ago.

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