23 May 2025

TVS Motor Stock Rises Slightly; Partners with OOR Cabs to Deploy 500 Electric Three-Wheelers in Tamil Nadu

TVS Motor Company is currently trading at RS. 2810.20, up by 5.50 points or 0.20% from its previous close of RS. 2804.70 on the BSE.

The stock opened at RS. 2810.40 and touched an intraday high of RS. 2824.65 and a low of RS. 2795.80. A total of 1115 shares have been traded so far.

Listed in BSE group 'A', the stock has a face value of RS. 1 and has touched a 52-week high of RS. 2958.15 on September 27, 2024, and a 52-week low of RS. 2069.60 on June 4, 2024. In the past week, the stock's high and low were RS. 2878.35 and RS. 2717.70 respectively. The company’s current market capitalization stands at RS. 133247.68 crore.

The shareholding pattern includes 50.27% held by promoters, 41.22% by institutions, and 8.52% by non-institutional investors.

TVS Motor Company has signed a Memorandum of Understanding (MoU) with OOR Cabs to supply 500 units of its electric three-wheeler, the TVS King EV MAX, during the financial year 2025-26. This strategic alliance aims to boost sustainable urban transport in Tamil Nadu. OOR Cabs will initially deploy these vehicles for intra-city services in Trichy, with expansion planned for Madurai and Coimbatore.

The TVS King EV MAX is equipped with a 179 km range, quick charging, Bluetooth connectivity via TVS SmartXonnect, and a spacious, ergonomic design. OOR Cabs will customize the vehicles to include features such as drinking water facilities, thermal roof insulation for improved comfort, and mobile charging ports, enhancing the overall passenger experience.

TVS Motor Company is a leading global manufacturer of two and three-wheelers, with a strong focus on sustainable mobility and operates four advanced manufacturing units in India and Indonesia.