TVS Motor Company launches seven new products in Ghana, Africa

TVS Motor Company aims to expand its reach and explore new opportunities and avenues for growth in the region.

Launch of new products

TVS Motor Company has launched seven new products in Ghana, Africa. The company has introduced an array of exciting offerings, including the Bebek – TVS Neo NX, three variants of the TVS HLX series (TVS HLX 125, TVS HLX 150 & TVS HLX 150X), the TVS Apache 180, and the three-wheelers TVS King series.

Further delivering on its commitment to provide best-in-class mobility solutions to its customers through a strong focus on innovation and technology, TVS Motor Company aims to expand its reach and explore new opportunities and avenues for growth in the region. TVS Motor Company ranks amongst the top five two-wheeler companies in the world with a presence in over 80 countries across Africa, South East Asia, the Indian Sub-Continent, Latin America and the Middle East.

Stock price movement

The scrip opened at Rs 1040 and has touched a high and low of Rs 1056 and Rs 1031.05, respectively. The BSE group 'A' stock of face value of Rs 1 has touched a 52-week high and low of Rs 1177.00 and Rs 589.10, respectively. Last one week high and low of the scrip stood at Rs 1075.95 and Rs 1019.90 respectively. The current market cap of the company is Rs 49,734.49 crore.

The promoters holding in the company stood at 50.27%, while Institutions and Non-Institutions held 41.30% and 8.43% respectively.
Company Profile

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.