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Financials
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Resistance/Support
Delivery and Volume
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Management
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TVS Srichakra Ltd Performance

Today's Low
4,113.75
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Today's High
4,220.00
52 Wk Low
2,755.00
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52 Wk High
5,097.00


Open

4164.7

Traded Value (Cr)

1.21

Prev. Close

4190.95

Face Value

10

Volume

2896

TVS Srichakra Ltd Fundamentals

Market Cap
₹ 3166.84 Cr
P/E Ratio (TTM)
27.64
P/B Ratio
2.85
Debt to Equity
0.63
ROE
6.92
EPS (TTM)
149.55
Dividend Yield
1.15 %
Book Value
1,451.87

Click here to know more about Fundamentals

TVS Srichakra Ltd Financials

TVS Srichakra Ltd Financials

TVS Srichakra Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 45.70 % 45.70 % 45.70 % 45.70 %
Retail 36.97 % 36.90 % 38.22 % 39.71 %
Others 11.29 % 11.21 % 12.22 % 13.12 %
Mutual Funds 5.03 % 5.03 % 2.75 % 0.47 %
FII 1.01 % 1.16 % 1.11 % 1.00 %

Promoters

45.70%

Retail

36.97%

Others

11.29%

Mutual Funds

5.03%

FII

1.01%

Promoters

45.70%

Retail

36.90%

Others

11.21%

Mutual Funds

5.03%

FII

1.16%

Promoters

45.70%

Retail

38.22%

Others

12.22%

Mutual Funds

2.75%

FII

1.11%

Promoters

45.70%

Retail

39.71%

Others

13.12%

Mutual Funds

0.47%

FII

1.00%

Resistance and Support

₹4,174.90

PIVOT

resistance-arrow
Resistance
First Resistance₹4,236.050
Second Resistance₹4,281.150
Third Resistance₹4,342.300
support-arrow
Support
First Support₹4,129.800
Second Support₹4,068.650
Third Support₹4,023.550

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day10,18460770.09
Week8662,946-92.65
1 Month8665,303-92.65
6 Months1,080,791547,55551.38

About TVS Srichakra Ltd

TVS Srichakra is a part of USD 8.5 billion TVS Group and one of the leading auto ancillary groups. Incorporated in June 2nd, 1982, Srichakra Tyres (STL) was promoted by R Naresh, T V Sundram Iyengar & Sons Pvt. Ltd. and Sundaram Industries Pvt. Ltd. The company was renamed as TVS Srichakra Tyres Limited on Oct 1997. The company manufactures two-wheeler, three-wheeler and other industrial tyres. The Company has 3 subsidiaries, TVS Srichakra Investments Limited (TSIL), TVS Sensing Solutions Private Limited (formerly known as ZF Electronics TVS India Private Limited) - subsidiary of TSIL and Fiber Optic Sensing Solutions Pvt Ltd(subsidiary of TSSPL). In Sep.'94, the company came out with a rights issue to meet the cost of expanding the installed capacity from 15 lac to 24 lac tyres/tubes and to meet the long-term working capital requirements, at a project cost of Rs 3.60 cr. Some of the major clients of STL are Hero Honda, Bajaj Auto, TVS Suzuki, etc. The company has a joint venture with DuPont and Cherry. STL exports to the US and the European market. In 1995-96, the company expanded its production capacity to 33 lacs p.a. Technology for modernisation of certain sections of its plant is imported from Schiesser Rubber Technology, Switzerland. During 1997-98, the company has expanded its plant capacity of Automotive Tyres to 36 lakhs nos per annum and Tubes to 33 lakhs no per annum. This was funded through Long Term Debt and Internal Accruals. Nitya Sarvamangala Trading and Holding Ltd and TVS Srichakra Holdings Ltd are its subsidiaries. The company launched a new premium range of moped tyre, under the name 'MEGA STAR' during the year 1999-2000. In 2000-01 company has expanded its plant capacity of the tyre division from 53 lakh nos to 55 lakh nos of tyres per annum. The company has also invested Rs.3.17 crores for this expansion and modernization. It is developing new tyres for the export market. During 2002-03 the 2 subsidiary companies viz Nitya Sarvamangala Trading & Holding Limited and TVS Srichakra Holdings Limited was amalgamated with the company with prior approval from the board as well as from the Hon'ble High Court of Chennai. It has also increased the tyre capacity and tube capacity to 73.62 lakh and 65.52 lakh respectively. The above expansion as well as modernization of its plant was done at an outlay of Rs.525 lakhs. The company has invested in modeling software, machine center and in other related infrastructure for developing proven products, in the least possible development cycle time. The Company is accredited with ISO 9001 and ISO 14001 and won TPM Excellence award and practicing Six Sigma and Lean Manufacturing Techniques. During FY 2015, the Company entered new markets for the sale of off - highway tyres and expanded its two-wheeler tyre distribution channels. In order to improve the visibility of the brand, it participated in various international shows. Besides, it continues investments in brand building and thus provides two wheeler conveyance solutions in the industry while maintaining low cost of manufacturing. During FY 2016, the company sold its investments in TVS Europe Distribution Limited due to strategic reasons. It has taken initiatives for brand building to increase the aftermarket business. During FY 2017, the company focused on premium models and increased share of business in the market. During FY 2018, the company took concrete steps for technological advancements required in the tyre industry for BS-VI standards and vehicle electrification. TVS Sensing Solutions Private Limited (TSSPL) (formerly known as ZF Electronics TVS India Pvt. Limited (ZFTVS)) became a wholly owned subsidiary of TSIL from 4th June 2018 and subsequently its name was changed to TSSPL. In August 2019, the company has launched the Brand TVS Eurogrip targeted at meeting the needs of the millennial customers. TVS Eurogrip is born out of extensive consumer research and significant investments in global R&D, design and technology platforms. On 08 December 2020, the company announced its planned capital expenditure of Rs.1,000 Crores to ramp up manufacturing in its Madurai and Pantnagar plants. This investment is planned to be made over a three year period. The investment, when fully made, will result in an increase in 2 & 3 wheeler tyre capacity by 25-30% and doubling of off-highway tyre capacity from current levels. The investment is planned to be funded by a mix of debt and internal accruals.

Managing Director

1982

Founded

Shobhana Ramachandhran

NSE Symbol

TVSSRICHAK

TVS Srichakra Ltd Management

NameDesignation
R NareshExecutive Vice Chairman
Shobhana RamachandhranExecutive Director & MD
M S ViraraghavanIndependent Non Exe. Director
H Janardana IyerIndependent Non Exe. Director
V RamakrishnanIndependent Non Exe. Director
Rasesh R DoshiIndependent Non Exe. Director
S V MathangiIndependent Executive Director
Sargunaraj RavichandranNon Executive Director
P SrinivasavardhanNon Executive Director
PIYUSH JINENDRAKUMAR MUNOTAdditional Director
Ashok SrinivasanAdditional Director

Events

Dividend Announcement for TVS Srichakra Ltd - May 23, 2023

On May 23, 2023, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 320.5%. This dividend percentage refle...

Read More

TVS Srichakra Ltd News

Eurogrip Tyres inaugurates its first retail store in Chennai
TVS Srichakra consolidated net profit rises 6.30% in the March 2024 quarter
Sales rise 12.07% to Rs 765.30 crore
Board of TVS Srichakra recommends Final Dividend
Of Rs.47.34 per share
TVS Srichakra schedules board meeting
On 11 May 2024
Eurogrip Tyres launches brand campaign featuring MS Dhoni and his CSK team members
TVS Srichakra consolidated net profit rises 23.15% in the December 2023 quarter
Sales decline 1.70% to Rs 718.85 crore
TVS Srichakra to conduct board meeting
On 13 February 2024
TVS Srichakra consolidated net profit rises 2.35% in the September 2023 quarter
Sales decline 11.26% to Rs 739.65 crore
TVS Srichakra to convene board meeting
On 9 November 2023
Board of TVS Srichakra approves investment of USD 10 million for establishing subsidiary in Michigan

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TVS Srichakra Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase TVS Srichakra Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. TVS Srichakra Ltd's share price is ₹4,190.95 as of May 21, 2024 at 12:49 PM

TVS Srichakra Ltd's P/E ratio is 27.64 times as of May 21, 2024 at 12:49 PM.

TVS Srichakra Ltd's most recent financial reports indicate a price-to-book ratio of 2.85, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. TVS Srichakra Ltd's market is 3,167 Cr as on May 21, 2024 at 12:49 PM.

The current financial records of TVS Srichakra Ltd show a 6.92% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to TVS Srichakra Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a TVS Srichakra Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. TVS Srichakra Ltd's 52-week high and low as of May 21, 2024 at 12:49 PM are ₹5097 and ₹5097 respectively.

As of the Mar 2024 quarter, the promoter shareholding in TVS Srichakra Ltd stands at 45.70%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 1.16% to 1.01%.