TVS Motor Company shares rose 0.47% as Sensex rises
TVS Motor Company shares:
On May 19th, the share of TVS Motor company trading with the bullish trend. It trades with a gain of 1.45 points reached 307.25 INR with 0.47% up in NSE. Whereas in BSE, it traded with a gain of 1.50 points reached 307.15 INR with 0.49% up.
According to BSE numbers, total counter traded volume until 12:35 PM (IST), with a turnover of Rs 1.41, stood at 12:35 PM share.
The exchange data shows the prevailing price of shares of the company trading Rs 14.5 per share and 4.27 times its price-by-book value at 21.17 times its trailing 12 months EPS. A higher P / E ratio indicates that today investors are prepared to pay higher share prices because of potential growth expectations.
Price-to-book value shows a company’s inherent value and the price metric that investors prepared to pay for no business growth.
The stock’s beta value, calculating its volatility with regards to the global market, at 1.53.
As of 31st March 2020, promoters held 57.4% of the company’s stake, while the FIIs held 11.37% and DIIs 16.46%.
May 19th Stock Market Update Sensex and Nifty
On the second day of the week, the stock market trading with the bullish trend. The Sensex trades with a gain of 418.78 points reached a 30,447.76 level with 1.39% up. Whereas, Nifty traded with a gain of 125.30 points reached 8,948.55 level with 1.42% up.
In the border market, the S&P BSE Midcap traded with a gain of 112.76 points reached 11,167.93 level with 1.02% up. Whereas, S&P BSE SmallCap traded with a gain of 34.48 points reached 10,410.79 level with 0.33% up. At the same time, Nifty bank traded with a gain of 188.55 points reached 17,761.75 with 1.07% up.
Top Gaining Stocks: Bharti Airtel, Oil & Natural Gas Corporation, Tata Motors, JSW Steel, and Adani Ports Ltd.
Losing Stocks: UPL, Vedanta, Hindustan Unilever, Britannia Industries, and Cipla Ltd.