Share price of TVS Motor Company Ltd. falls as Nifty drops

Shares of TVS Motor Company Ltd. slipped 0.01 per cent to Rs 345.15 in Thursday's trade as of 01:48PM (IST).

The stock of TVS Motor Company Ltd. hit a high price of Rs 351.05 and low of Rs 332.9 during the session.

The return on equity (ROE) for the stock stood at 22.22 per cent. Traded volume on the counter stood at 40,129 shares and turnover at Rs 1.37 crore around that time.

The stock of TVS Motor Company Ltd. quoted a 52-week high and 52-week low prices of Rs 511.7 and Rs 240.1, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.53.

Promotor/FII Holding
Promoters held 57.4 per cent stake in the company as of 31-Mar-2020, while FIIs held 11.37 per cent and domestic institutional investors had 16.46 per cent.

Key Financials
The company reported consolidated sales of Rs 4765.99 crore for the quarter ended 31-Dec-2019, down 3.92 per cent from previous quarter's Rs 4960.27 crore and down 6.96 per cent from the year-ago quarter's Rs 5122.61 crore.

Net profit after tax for the latest quarter stood at Rs 150.61 crore, down 26.14 per cent from the same quarter a year ago.