Hold TVS Motors With Stop Loss of Rs 103
Stock market analyst Kunal Saraogi has maintained 'hold' rating on TVS Motor Company Ltd stock to reap good returns in the coming days.
According to analyst, the investors can hold the stock with stop loss of Rs 103.
Today, the stock of the company opened at Rs 114.50 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 116.90 and a low of Rs 40.50 on BSE.
Current EPS & P/E ratio stood at 5.25 and 21.85 respectively.
Two-wheeler maker TVS Motor Company has rolled out its first metal bodied scooter ''TVS WEGO'', which is a perfect mix of constancy, maneuverability, power as well as mileage.
It is the best option for people of all ages.
The main trait of the scooter is its body balance technology that guarantees maximum mass distribution, permitting easier steering, better control and manoeuverability.
The stock of TVS Motor remained as the top gainers on Tuesday (June 28) as it hit its 52 week high before closing with a gain of around 9%.
After belling the day at Rs 107, the stock hit its day high of Rs 116.90, before ending the day at Rs 106.80.
During the day, around 2.92 million shares of the company were traded in the market.