TVS Motor shares hit 52-week high 

tvs-motor

TVS Motor Company share price touched a 52-week high of Rs 783.40 and was locked in 10 percent upper circuit in the morning trade on November 9 as the company evaluates fund-raising for its electric vehicle (EV) business.

There were pending buy orders of 41,092 shares, with no sellers available.

Weeks after Tata Motors announced a $1-billion fund infusion for its electric vehicle (EV) business by a consortium of TPG Rise Climate and Abu Dhabi’s ADQ, TVS Motor Company is also evaluating the possibility of a similar fund-raising exercise, industry sources have told Moneycontrol.

News Source:- Moneycontrol

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