25 Jun 2024

TVS Electronics zooms on adding electronics manufacturing services capability at Karnataka facility

TVS Electronics is currently trading at Rs. 354.25, up by 23.15 points or 6.99% from its previous closing of Rs. 331.10 on the BSE.

The scrip opened at Rs. 334.85 and has touched a high and low of Rs. 371.60 and Rs. 334.85 respectively. So far 74936 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 432.00 on 11-Jul-2023 and a 52 week low of Rs. 235.00 on 14-Mar-2024.

Last one week high and low of the scrip stood at Rs. 371.60 and Rs. 315.55 respectively. The current market cap of the company is Rs. 659.94 crore.

The promoters holding in the company stood at 59.91%, while Institutions and Non-Institutions held 0.26% and 39.83% respectively.

TVS Electronics has added an electronics manufacturing services capability at its facility in Tumakuru, Karnataka. The manufacturing plant in Tumakuru offers a variety of solutions, including PCB assembly, product testing, box building, and supply chain. The Electronics Manufacturing Services (EMS) facility, equipped with cutting-edge SMT technology, exemplifies TVS Electronics’ commitment to enhancing manufacturing capabilities while fostering employee innovation. 

TVS Electronics is a part of the TVS Group, India’s foremost and well recognised self-owned Business group.