{"id":114242,"date":"2023-11-23T13:25:22","date_gmt":"2023-11-23T07:55:22","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=114242"},"modified":"2023-11-23T13:25:28","modified_gmt":"2023-11-23T07:55:28","slug":"auto-stock-hits-52-week-high-after-company-entered-vietnam-market-with-a-variety-of-two-wheelers","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/auto-stock-hits-52-week-high-after-company-entered-vietnam-market-with-a-variety-of-two-wheelers\/","title":{"rendered":"Auto stock hits 52-week high after company entered Vietnam market with a variety of two-wheelers"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-434101908\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of this automobile reached a 52-week high of Rs 1,784 after the company entered Vietnam and introduced a line of two-wheelers.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1306755472\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 84,026.28. <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/TVSMOTOR\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Tvs Motor Company Ltd<\/a><\/strong>, On Thursday, The shares were trading at Rs 1,768.65 a share, an increase of 1.65 percent from the previous closing price.\u00a0<\/p><p>The filing states that TVS Motor Company Ltd., working with its distribution partner Minh Long Motors, announced its entry into the Vietnamese market. In keeping with its commitment to responsible and sustainable mobility, the company will offer a variety of scooters and underbone motorcycles at various price points. Vietnam represents the company&#8217;s second significant international expansion.&nbsp;<\/p><p>Looking into the company&#8217;s finances, TVS Motor Company Ltd\u2019s revenue increased by 16.02 percent from Rs 8,560.76 Crore in Q2FY23 to Rs 9,932.82 Crore in Q2FY24. During the same period, net profits increased by 9.6 percent from Rs 389.1 crore to Rs 426.57 crore.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-250524706\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>TVS Motor Company Ltd reported an increase in return ratio from the previous financial year, a return on equity (ROE) increased from 17.77 percent to 26.44 percent and a return on capital employed (ROCE) increased from 11.32 percent to 14.11 percent.&nbsp;<\/p><p>The stock has delivered a return of 40.61 percent in six months and 68.64 percent in a year.&nbsp;<\/p><p>TVS Motor Company Ltd\u2019s recent shareholding pattern, The Promoters of the The company owns 50.27 percent while Retail shareholders own a 8.11 percent stake in the company and Foreign Institutional Investors own a 18.15 percent stake.&nbsp;<\/p><p>TVS Motor Company Ltd (TVSM) is a company that produces two-wheelers and their accessories. At the moment, it produces a large selection of two- and three-wheelers.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3763197386\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of this automobile reached a 52-week high of Rs 1,784 after the company entered Vietnam and introduced a line of two-wheelers.&nbsp; With a market capitalization of Rs 84,026.28. Tvs Motor Company Ltd, On Thursday, The shares were trading at Rs 1,768.65 a share, an increase of 1.65 percent from the previous closing price.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":108764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[948,936,14633,13244,12217],"class_list":["post-114242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-stock-market","tag-stock-market-news","tag-tvs-motor-company-enters-new-market","tag-tvs-motor-company-latest-news","tag-tvs-motor-company-share-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Auto stock hits 52-week high after company entered Vietnam market with a variety of two-wheelers - 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