TVS Srichakra Ltd (TVSSRICHAK)
₹4041.35
TVS Srichakra Ltd share Performance
- ₹4,016.35₹4,140.05₹4041.35
0.62%
Low
Day's Volatility:3.06%
High
2.44%
- ₹2,755₹5,097₹4041.35
31.83%
Low
52 Weeks Volatility:57.95%
High
26.12%
| Returns % | |
| 1 Month Return | -5.5 % |
| 3 Month Return | -3.25 % |
| 1 Year Return | + 36.2 % |
| Market Stats | |
| Previous Close | ₹₹4,061.55 |
| Open | ₹₹4,081.90 |
| Volume | ₹5,714.00 |
| Upper Circuit | ₹- |
| Lower Circuit | ₹- |
| Market Cap | ₹₹3,111.15Cr |
Analyst Rating
based on 1 analysts
Based on 1 analysts offering long term price targets for TVS Srichakra Ltd. An average target of ₹2500
Source: S&P Global Market Intelligence
Company Information
The company has invested in modeling software, machine center, and other related infrastructures in order to develop modern products. They are ISO 9001 and ISO 14001 accredited, and won TPM Excellence Award and practice Six Sigma and Lean Manufacturing Techniques.
TVS Srichakra also launched their premium range called MEGA STAR in the year 1999-2000. Further, they invested Rs.3.17 crores to increase their plant capacity of Automotive Tyres to 36 lakhs nos per annum and Tubes to 33 lakhs no per annum.
In FY 2015, the company expanded its two-wheeler tyre distribution channels and participated in various international shows for brand building. Subsequently, the company entered new markets for the sale of off-highway tyres and sold their investments in TVS Europe Distribution Limited due to strategic reasons.
The company also focused on premium models and technological advancements for BSVI standards and vehicle electrification. In August 2019, they have launched the Brand TVS Eurogrip directed at meeting millennial customer needs. Recently, in December 2020 the company announced its planned capital expenditure of Rs. 1000 Crores to ramp up the manufacturing in their Madurai and Pantnagar plants. This investment will result in an increase in two-three wheeler tyre capacity by 25-30%, and double the off-highway tyre capacity from current levels.
Share Price: ₹4041.35 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹3,111.15Cr as of today
Revenue: ₹765.30Cr as on March 2024 (Q1 24)
Net Profit: ₹23.72Cr as on March 2024 (Q1 24)
Listing date: 11 Sep, 1996
Chairperson Name: R Naresh
| Organisation | TVS Srichakra Ltd |
| Headquarters | |
| Industry | Tyres |
| E-voting on shares | Click here to vote |
Key events for TVS Srichakra Ltd
TVS Srichakra Ltd Stock Up by 10% in a Week - 09 Apr, 2024
TVS Srichakra's stock has risen by 10% over the past week, but its financial indicators are mixed. The company's ROE will be closely watched to determine if the current momentum can be sustained.
Fundamentals of TVS Srichakra Ltd
Insights on TVS Srichakra Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 48.09% to 48.23% in Mar 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 720.44 Cr → 766.38 Cr (in ₹), with an average increase of 6.0% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 45.70% of holdings in Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, JK Tyre & Industries Ltd has given 228.5% return, outperforming this stock by 105.8%
- NO EFFECT
Against Peers
In the last 1 year, JK Tyre & Industries Ltd has given 96.1% return, outperforming this stock by 59.9%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 3 quarters, 39.12 Cr → 23.78 Cr (in ₹), with an average decrease of 19.9% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, TVSSRICHAK stock has moved down by -13.6%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 1.16% to 1.01% in Mar 2024 quarter
TVS Srichakra Ltd Valuation
TVS Srichakra Ltd in the last 5 years
Lowest (8.30x)
March 31, 2020
Today (28.81x)
May 15, 2024
Industry (59.59x)
May 15, 2024
Highest (63.61x)
August 10, 2020
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 45.7% | 0.00 | |
| Foreign Institutions | 1.01% | 0.00 | |
| Mutual Funds | 5.02% | 0.00 | |
| Retail Investors | 48.23% | 0.00 | |
| Others | 0.03% | 0.00 |
Technicals of TVS Srichakra Ltd share
News & Events of TVS Srichakra Ltd
Frequently Asked Questions
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TVS Srichakra Ltd (TVSSRICHAK) share price today is ₹4041.35
TVS Srichakra Ltd is listed on NSE
TVS Srichakra Ltd is listed on BSE
- Today’s highest price of TVS Srichakra Ltd is ₹4140.05.
- Today’s lowest price of TVS Srichakra Ltd is ₹4016.35.
PE Ratio of TVS Srichakra Ltd is 28.81
PE ratio = TVS Srichakra Ltd Market price per share / TVS Srichakra Ltd Earnings per share
Today’s traded volume of TVS Srichakra Ltd(TVSSRICHAK) is 5,714.00.
Today’s market capitalisation of TVS Srichakra Ltd(TVSSRICHAK) is ₹3111.15Cr.
| TVS Srichakra Ltd(TVSSRICHAK | Price |
|---|---|
52 Week High | ₹5097 |
52 Week Low | ₹2755 |
TVS Srichakra Ltd(TVSSRICHAK) share price is ₹4041.35. It is down -20.71% from its 52 Week High price of ₹5097
TVS Srichakra Ltd(TVSSRICHAK) share price is ₹4041.35. It is up 46.69% from its 52 Week Low price of ₹2755
| TVS Srichakra Ltd(TVSSRICHAK | Returns |
|---|---|
1 Day Returns | -20.2% |
1 Month Returns | -5.5% |
3 Month Returns | -3.25% |
1 Year Returns | 36.2% |