The announcement was made during market hours today, 26 June 2019.

Meanwhile, S&P BSE Sensex was up 139.02 points or 0.35% at 39,573.96.

On BSE, 86,000 shares were traded in TVS Motor Company counter, compared to a 2-week average of 73,000 shares. The share price hit an intraday high of Rs 440.60 and an intraday low of Rs 428.90. It hit a 52-week high of Rs 604 on 21 September 2018 and a 52-week low of Rs 428.55 on 24 June 2019.

TVS Motor Company's net profit fell 19.2% to Rs 133.83 crore on a 9.4% rise in net sales to Rs 4,384.02 crore in Q4 March 2019 over Q4 March 2018.

TVS Motor Company is a two-wheeler and three-wheeler manufacturer in India.