TVS MOTORS Surges by 5%; BSE AUTO Index Up 2.2%
April 17, 2020 10:19 AM

TVS MOTORS share price has zoomed 5% and is presently trading at Rs 295.

Meanwhile, the BSE AUTO Index is at 12,708 (up 2.2%).

Among the top Gainers in the BSE AUTO Index today are TVS MOTORS (up 5.2%) and BHARAT FORGE (up 6.1%).

Over the last one year, TVS MOTORS has moved down from Rs 517 to Rs 295, registering a loss of Rs 222 (down 43.7%).

On the other hand, the BSE AUTO has moved down from 20,237 to 12,708, loss of 7,529 points (down 37.8%) during the last 12 months.

The top gainers among the BSE AUTO Index stocks during this same period were MRF LTD. (up 6.4%).

What About the Benchmark Indices?

The BSE Sensex is at 31,712 (up 2.5%).

The top gainers among the BSE Sensex stocks today are TCS (up 6.9%), ICICI BANK (up 5.6%) and BAJAJ FINANCE (up 5.2%). Other gainers include POWER GRID (up 4.6%) and INDUSIND BANK (up 4.5%). The most traded stocks in the BSE Sensex are HDFC BANK and TATA MOTORS.

In the meantime, NSE Nifty is at 9,324 (up 2.6%). The top gainers in the NSE Nifty include INDIABULLS HOU. FIN. (up 10.0%), BAJAJ FINSERV (up 7.0%) and TCS (up 6.7%). Other gainers include ICICI BANK (up 5.4%) and BAJAJ FINANCE (up 5.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 39,276 to 31,712, registering a loss of 7,564 points (down 20.10%).

TVS MOTORS Financial Update...

TVS MOTORS net profit down at Rs 1 billion for the quarter ended December 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 11.5% to Rs 41.3 billion during the period as against Rs 46.6 billion in October-December 2018.

For the year ended March 2019, TVS MOTORS reported 9.0% increase in net profit to Rs 7.2 billion compared to net profit of Rs 6.6 billion during FY18.

Revenue of the company grew 20.7% to Rs 202 billion during FY19.

The current Price to earnings ratio of TVS MOTORS, based on rolling 12 month earnings, stands at 21.2x.