Earlier in the day, the stock saw a gap down opening.
At the prevailing price, the stock traded at 70.39 times its trailing 12-month EPS of Rs 7.54 per share and 4.3 times its book value, as per BSE data.
A total of 26,797 shares changed hands on the counter till 12:20PM (IST). The stock commands a market value of Rs 25217.62 crore and is part of the Auto – 2 & 3 Wheelers industry.
The scrip has been an outperformer , up 76.51 per cent in the past one year in comparison with a 72.84 per cent gain in Sensex.
During the day, the stock moved between Rs 544.8 and Rs 528.7.
Promoters held 57.4 per cent in the company as of 31-Mar-2021. FII and MF ownership in TVS Motor Company Ltd. stood at 12.34 per cent and 11.5 per cent, respectively.