 "TVS")
TVS Motor Company was trading 3% higher at Rs 515 on BSE in an otherwise subdued market after the company announced its alliance with MASESA (Mayor Servicios Socieda Anonima), a Guatemala based company to strengthen its presence in Central America, Latin America, South East Asia and Middle East. The S&P BSE Sensex was down 0.19% at 30,193 at 11:53 pm.
“In this alliance, MASESA will develop exclusive TVS Motor Company concessionaires in Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica,” the two and three-wheeler manufacturer said in a press release.
The stock is trading close to its all-time high of
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