TVS Motor Company Achieves 52-Week High Amid Strong Financial Performance and Resilience

TVS Motor Company has made headlines today as its stock price reached a new 52-week high of Rs. 3333.5, marking a significant milestone for the large-cap automobile manufacturer. This achievement comes after a trend reversal, with the stock gaining momentum following two days of consecutive declines. Despite underperforming the sector by 1.36% today, TVS Motor Company has demonstrated resilience, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
The company has shown impressive financial metrics, boasting a remarkable return on capital employed (ROCE) of 19.66% and a robust annual growth rate in net sales of 23.92%. Operating profit has also surged at an impressive rate of 36.29%. Over the past year, TVS Motor Company has delivered a solid return of 20.16%, significantly outperforming the Sensex, which has seen a decline of 1.80%.

With a strong institutional holding of 41.23%, the company is well-positioned in the market. Its consistent performance over the last three years further solidifies its standing among the top 1% of companies rated by MarketsMojo.