BSE Code - 532343
Face Value - Rs 1.00
Group - BSE 'B'
Shareholding pattern - (a)Promoters - 57.40%
(b)Institutions - 23.25%
(c)Non-Institutions - 19.35%
One year High - Low - Rs 193.50 - Rs 28.75
In a bid to improve its market share, TVS Motor Company is planning to launch a new motorcycle in the commuter segment in the next six month followed by an all-new Apache in the premium category.
The commuter or executive segment that the Phoenix range is part of comprises motorcycles with engine capacity of 100-125 cubic centimeters. The new product is expected to have 115cc engine capacity.
The company has an annual installed capacity of 2.8 million two-wheelers and produces around 2,30,000 units a month. Of this, about 1,70,000 units are sold in India the rest is exported. Currently around 1.3 million units of two-wheelers are sold in India every month.
Current price of stock is Rs 186.95, up by 2.20 points from its previous closing of Rs 184.75 on the BSE.
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