TVS Motor Company jumps on launching new variant of TVS iQube with 2.2 kWh battery

14 May 2024 Evaluate

TVS Motor Company is currently trading at Rs. 2116.35, up by 48.45 points or 2.34% from its previous closing of Rs. 2067.90 on the BSE.

The scrip opened at Rs. 2075.85 and has touched a high and low of Rs. 2125.25 and Rs. 2066.90 respectively. So far 115294 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2313.90 on 07-Mar-2024 and a 52 week low of Rs. 1214.50 on 18-May-2023.

Last one week high and low of the scrip stood at Rs. 2125.25 and Rs. 1919.00 respectively. The current market cap of the company is Rs. 100390.66 crore.

The promoters holding in the company stood at 50.27%, while Institutions and Non-Institutions held 41.08% and 8.65% respectively.

In line with its commitment towards offering sustainable mobility solutions and enabling customers with the power of choice, TVS Motor Company has launched a new variant of the TVS iQube with 2.2 kWh battery. Simultaneously, the company is ready to deliver TVS iQube ST to customers, starting May 13, 2024. The TVS iQube ST will now come in two variants, 3.4 kWh and 5.1 kWh, that being the largest battery pack in the segment. With this, the TVS iQube series now offers an array of five variants available in vibrant 11 colours, making this one of the largest and most attractive EV portfolios in the market.

As a frontrunner in sustainable mobility solutions, the company reaffirms its commitment to the EV segment with trustworthy, innovative, and delightful products. Furthering this vision and in an endeavor to making EV accessible to all, with new 2.2 kWh battery variant, TVS iQube series now starts at an introductory effective ex-showroom price of Rs 94,999 which will further help reduce the total cost of ownership (TCO) for the customers.

TVS Motor Company is a reputed two and three-wheeler manufacturer. TVS Motor’s strength lies in its extensive research and development, resulting in products that are industry leading in terms of innovation. 

TVS Motor Share Price

2389.65 -2.10 (-0.09%)
23-Dec-2024 14:15 View Price Chart
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