TVS Motor shares decline 1.64% as Sensex climbs

TVS Motor shares decline 1.64% as Sensex climbs
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Synopsis

A total of 54,915 shares changed hands on the counter till 02:09PM (IST)

It is the second largest discount broker at present after Zerodha, which is the largest broker among full service and discount category.

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Shares of the Company Ltd. traded at Rs 615.9 on BSE at 02:09PM (IST) on Friday, down 1.64 per cent from previous close.

The stock quoted a 52-week low price of Rs 300.85 and a high of Rs 661.1.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 54,915 lakh shares changed hands on the counter till 02:09PM (IST).

The stock of TVS Motor Company Ltd. commands a market value of Rs 29312.87 crore.

The stock traded at a price-to-earning (P/E) multiple of 49.33, while the price-to-book value ratio stood at 4.3. Return on equity (ROE) was at 15.52 per cent, according to exchange data.

In the BSE500 pack, 292 stocks traded in the green, while 208 stocks were in the red.

Promotor Holding
Promoters held 57.4 per cent in the TVS Motor Company Ltd. as of 31-Mar-2021 while foreign portfolio investors and domestic institutional investors owned 12.34 per cent and 20.85 per cent, respectively.

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