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TVS Motor Share Surges Over 2% after Deal with Columbian Firm

September 18, 2020 By Shivanee Thote
Image source: Business Today

The share of TVS motor gained 2.4% intraday to reach Rs 468 on Friday.  Recently the company has inked a deal with a leading motorcycle assembler in Columbia. This makes the TVS stock stand higher than 5-day, 20-day, and 100-day moving averages. Earlier TVS Motor had reported a net loss of Rs 139.1 crore in Q1 against a profit Rs 142.3 crore for the previous fiscal.

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News source: Business Today

Update by Suman Mondal

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