New Delhi:TVS Motor Company, a two-wheeler and three-wheeler maker, has seen a 2.14 percent increase in volume. On April 19, 2013, the company’s stock touched a new record high of Rs 1184.45. TVS Motor Singapore, a subsidiary of TVS Motor Company Limited, has announced the acquisition of 25 per cent stake in Killwatt GmbH through fresh issue of shares. For the last one month, TVS Motor shares are showing a boom. Despite the weak performance of the stock market and the auto sector, TVS Motor has gained 12 per cent. The stock has given a return of 83.5 per cent in the last one year, while the BSE Sensex has gained only five per cent during this period. Auto sector has emerged as a top gainer even in weak market conditions. TVS Motor Company on Monday launched the TVS NTORQ 125 Race Edition at the Makin Auto Show in the Philippines. It features TVS SmartXonnectTM. With this, riders can connect their smartphones to the scooter and the user gets a variety of features. These features can be accessed through the digitized instrument cluster. It has more than 60 features. TVS Motor has entered into a strategic collaboration with Amazon India to enhance electric mobility, electric infrastructure and connected devices.
This article is powered by Dalal Street Investment Journal, India’s No. 1 Investment Magazine. Click here to get regular updates about Winning Stocks and Recommendations.
(Disclaimer: This above is third party content and TIL hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not guarantee, vouch for or endorse any of the above content or its accuracy nor is responsible for it in The content does not constitute any investment advice or solicitation of any kind. Users are advised to check with certified experts before taking any investment decision and take all steps necessary to ascertain that any information and content provided is correct, updated and verified. .)
