TVS Motor Company shares were trading higher at RS 2438.25 on the BSE, up by 7.55 points or 0.31% compared to its previous close of RS 2430.70.

The stock opened at RS 2376.10 and recorded an intraday high of RS 2438.25 and a low of RS 2376.10. A total of 2834 shares have been traded so far on the counter.

Belonging to the BSE 'A' group, the stock has a face value of RS 1. Over the past 52 weeks, the share has touched a high of RS 2958.15 (on September 27, 2024) and a low of RS 1873.05 (on April 19, 2024). In the last week, the stock’s high and low stood at RS 2477.95 and RS 2355.75 respectively. The current market capitalization of the company is RS 114923.57 crore.

As per the latest shareholding pattern, promoters hold 50.27% stake in the company, while institutional investors and non-institutional investors hold 41.21% and 8.53% respectively.

In a key development, TVS Motor Company’s wholly-owned subsidiary, TVS Motor (Singapore) (TVSM Singapore), has acquired an additional 30% shareholding in UK-based e-bike company EBCO for a consideration of GBP 60,000. With this acquisition, EBCO has become a wholly-owned subsidiary of TVSM Singapore, effective from March 26, 2025.

TVS Motor has identified EBCO as a long-term strategic partner to strengthen its presence in the electric bicycle market. The company plans to fully acquire EBCO through its Singapore-based arm.

TVS Motor Company is a leading global manufacturer of two and three-wheelers, committed to sustainable mobility, with advanced manufacturing facilities in India and Indonesia.