The stock rebounded and finally ended 6.5% higher at Rs 49.
Around 1.72 million trades were witnessed on the counter at the BSE.
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Updated at 1019 Hrs:
TVS Motor tumbled to a low of Rs 42 in early trades this morning. The stock is now trading down almost 7% at Rs 43. The counter has seen active trades of around 206,900 shares so far on the BSE.
The Supreme Court yesterday allowed TVS Motor Co to manufacture “Flame’, the 125 cc bike that has been caught in a patent dispute with Bajaj Auto Ltd since last year, but stipulated that the finished two-wheelers could not leave the company’s warehouse.
