TVS Motor Company rose 1.72% to Rs 256.55 at 13:58 IST on BSE, with the stock gaining on bargain hunting after recent decline.
Meanwhile, the BSE Sensex was down 167.16 points, or 0.59%, to 28,337.79
On BSE, so far 1.62 lakh shares were traded in the counter, compared with an average volume of 4.08 lakh shares in the past one quarter.
The stock hit a high of Rs 258 and a low of Rs 251.90 so far during the day. The stock hit a 52-week high of Rs 322.30 on 19 January 2015. The stock hit a 52-week low of Rs 84 on 23 April 2014.
The stock had underperformed the market over the past one month till 6 April 2015, falling 13.59% compared with 3.21% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 5.9% as against Sensex's 5.62% rise.
The large-cap company has an equity capital of Rs 47.51 crore. Face value per share is Re 1.
Shares of TVS Motor Company had declined 7.12% in prior four trading days to settle at Rs 252.20 yesterday, 6 April 2015 from a recent high of Rs 271.55 on 27 March 2015.
TVS Motor Company's net profit rose 31.1% to Rs 90.18 crore on 28.40% rise in net sales to Rs 2612.57 crore in Q3 December 2014 over Q3 December 2013.
TVS Motor Company manufactures motorcycles, scooters, mopeds and auto rickshaws.
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