TVS Motor rises 2% on firm's big EV push; stock up 10% in 5 days

In the past five days, the stock price of Chennai-based auto-maker soared over 10 per cent, as against 1.6 per cent rise in the S&P BSE Sensex.

Shares of TVS Motor rose 2.3 per cent higher to Rs 819 per share on Tuesday, in an otherwise subdued market, after the company shared plans to introduce electric vehicles (EVs) in two and three-wheeler categories. With an order book of 15,000 units, the Chennai-based auto-major eyes to ramp up their presence to most of the cities across the country.

At 10:41 AM, the stock of TVS Motor traded 2.07 per cent higher to Rs 818 apiece, as against 0.6 per cent drop in the S&P BSE Sensex to 52,820.76 levels. In the past five days, the stock price