TVS Motor Company rises on launching revolutionary premium electric crossover ‘TVS X’

At 2 pm, the shares of TVS Motor Company were trading at Rs 1377.35, up by 1.62% from its previous closing of Rs 1355.45 on the BSE.

In line with its commitment towards offering sustainable mobility solutions globally, TVS Motor Company has launched the keenly anticipated, TVS X its flagship crossover EV with a host of industry first attributes. This revolutionary machine sets a new benchmark in the global electric mobility industry with its stunning design, unmatched performance, and cutting-edge tech features, carving out a new category in the electric mobility segment. As a frontrunner in sustainable mobility solutions, the company aims to transform the EV segment and reaffirm its commitment to a more sustainable and cleaner future.

With a rapid uptick in the adoption of EVs globally, the TVS X will play a pivotal role in creating a niche in the EV industry. Backed by rider-first engineering, to deliver rider-machine unity, this lean-mean-clean machine designed to create desire, has been developed from the ground up at TVS Motor’s R&D facility. Designed, developed, and made-in-India, TVS X comes with a powerful electric motor and advanced battery technology. This machine promises not only thrilling acceleration but also an impressive range, ensuring convenience and comfort, thus making it an ideal zero-emission and sophisticated electric mobility solution.

TVS Motor Company is a reputed two and three-wheeler manufacturer globally, championing progress through Mobility with a focus on sustainability. Rooted in its 100-year legacy of Trust, Value, and Passion for Customers and Exactness, the company takes pride in making internationally aspirational products of the highest quality through innovative and sustainable processes. TVS Motor Company is the only two-wheeler company to have received the prestigious Deming Prize.

On Thursday, the stock opened at Rs 1365.00 and has touched a high and low of Rs 1382.90 and Rs 1354.20 respectively.

The BSE group ‘A’ stock of face value Rs 1 has touched a 52 week high and low of Rs. 1400.55 and Rs 930.00, respectively.

Last one week high and low of the scrip stood at Rs 1382.90 and Rs 1326.05 respectively. The current market cap of the company is Rs 65,436.12 crore.

The promoters holding in the company stood at 50.27%, while Institutions and Non-Institutions held 41.54% and 8.19% respectively.

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