TVS Motor hits fresh 52-week low; stock slips 13% in past three weeks

The stock hit a fresh 52-week low of Rs 511, down 3% on the BSE on Monday, extending its 5% decline in past three trading sessions in otherwise firm market on back of heavy volumes.

Shares of TVS Motor Company hit a fresh 52-week low of Rs 511 per share, slipping 3% on the BSE on Monday, and extending its 5% decline in past three trading sessions in otherwise firm market on back of heavy volumes. The stock fallen below its previous low of Rs 518 recorded on Thursday, July 26, 2018, in intra-day trade.

Till 02:30 pm; a combined 2.68 million equity shares representing 0.56% of total equity of two-wheeler Company have changed hands on the NSE and BSE so far. The S&P BSE Sensex hit a new high 37,511 in intra-day trade,