TVS Motor Company is currently trading at Rs. 2230.80, up by 3.80 points or 0.17% from its previous closing of Rs. 2227.00 on the BSE.

The stock opened at Rs. 2240.50 and recorded an intraday high of Rs. 2253.30 and a low of Rs. 2218.00. So far, 1015 shares have been traded on the counter.

The BSE group 'A' stock, with a face value of Rs. 1, has touched a 52-week high of Rs. 2958.15 on 27-Sep-2024 and a 52-week low of Rs. 1873.05 on 19-Apr-2024. In the past week, the stock's high and low stood at Rs. 2325.65 and Rs. 2220.00, respectively. The company's current market capitalization is Rs. 1,05,564.36 crore.

Promoters hold 50.27% of the company’s shares, while Institutions and Non-Institutions hold 41.21% and 8.53%, respectively.

Expansion in Egypt with New Assembly Line

Ezz LCV, the authorized distributor of TVS Motor Company in Egypt, has inaugurated a new assembly line in Giza with an investment of approximately $6.5 million (360 million EGP). This facility, with a production capacity of 100,000 units annually, aims to boost local manufacturing capabilities and meet the growing demand for two-wheelers in Egypt.

The assembly line will produce popular TVSM models like the TVS Apache RTR Series, TVS HLX Series, and TVS XL 100, enhancing delivery times and supporting the dealer network. By localizing production, Ezz LCV seeks to offer high-quality motorcycles tailored to Egyptian customers’ needs.

Leveraging TVS Motor Company’s globally recognized engineering expertise, the facility will help Ezz LCV strengthen its market presence. The product lineup in Egypt includes TVS Apache RTR 200 4V, TVS Apache RTR 160 4V, TVS Star HLX 150, and TVS HLX 150 F models.

TVS Motor Company continues to lead the two and three-wheeler industry with its strong research and development focus, producing innovative and reliable vehicles.