TVS Supply Chain Solutions is currently trading at Rs. 170.20, up by 2.60 points or 1.55% from its previous closing of Rs. 167.60 on the BSE.

The scrip opened at Rs. 172.90 and has touched a high and low of Rs. 174.10 and Rs. 168.70 respectively. So far 53101 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 257.95 on 11-Sep-2023 and a 52 week low of Rs. 145.40 on 13-Mar-2024.

Last one week high and low of the scrip stood at Rs. 179.85 and Rs. 164.10 respectively. The current market cap of the company is Rs. 7501.16 crore.

The promoters holding in the company stood at 43.13%, while Institutions and Non-Institutions held 6.36% and 50.50% respectively.

TVS Supply Chain Solutions (TVS SCS) has won a new business contract from VE Commercial Vehicles (VECV) for managing their in-Plant warehousing and logistics function at their Eicher bus factory located in Baggad, Madhya Pradesh.

VECV is a leading manufacturer of commercial vehicles and associated with TVS SCS since 2006 for in-plant logistics operations for their Truck Plant in Pithampur, Madhya Pradesh. The new deal for VECV’s bus plant is for a period of three years. This two-decade strong partnership has helped to create over 1200 job opportunities in Madhya Pradesh.

In-plant logistics services for the Baggad bus plant comprise seamless inward operations for timely receipt of parts; efficient storage and picking of parts from defined locations based on the Production Planning Control (PPC) team; and delivering parts to designated assembly lines based on the Bill of Material (BOM), ensuring a steady flow of materials to maintain the efficiency in the production line.

TVS Supply Chain Solutions, an integrated supply chain solutions provider. TVS SCS is promoted by the erstwhile TVS Group and is now part of the TVS Mobility Group, which has four business verticals -- supply chain solutions; manufacturing; auto dealership, and aftermarket sales and service.