TVS Motors is the country's sixth automaker to reach a market capitalization of Rs 1 lakh crore. TVS, a Chennai-based company, reached this milestone last Friday. It is noteworthy that the company's share price has increased by 60 percent in the last six months alone.
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| Tvs Motors |
Last Friday, the company's share price rose 2.25 percent to Rs 2,140 at the end of trading hours on the National Stock Exchange.
The rise in share price has not only boosted the company's market value, but also elevated TVS Motors' status as one of the world's leading automotive companies.
Market value in vehicles.
Maruti Suzuki..Market Value. 3.50 lakh crore. Tata Motors.. Market Value..3.12 Lakh Crore. Bajaj Auto.. Market Value..2.36. Mahindra and Mahindra.. market value.. 2.28 lakh crore. Eicher Motors.. Market Value.. 1.08 Lakh Crore. TVS, Motors.. Market Value.. 1.02 Lakh Crore.
In October last year, TVS surpassed the market capitalization of Japanese two-wheeler manufacturer Yamaha Motor.
In the current environment, only 78 companies in the country have a market capitalization of Rs 1 lakh crore.