TVS Srichakra Ltd

BSE
BUY

1W Return

1M Return

6M Return

1Y Return

3Y Return

Start SIP in TVS Srichakra Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
56.02% Gain from 52W Low
4.7
TTM PE Ratio
Below industry Median
30.5
Price to Book Ratio
Below industry Median
3
Dividend yield 1yr %
Below industry Median
0.7
TTM PEG Ratio
PEG TTM is less than 1
0.8
RSI
RSI is mid-range
55.2
MFI
MFI Overbought
74.1

TVS Srichakra Ltd Key Financials

View more

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

TVS Srichakra Ltd shareholding Pattern

Promoter
45.7%
Foreign Institutions
1%
Mutual Funds
5%
Domestic Institutions
5%
Public
48.2%
Promoter
45.7%
Foreign Institutions
1.2%
Mutual Funds
5%
Domestic Institutions
5%
Public
48.1%
Promoter
45.7%
Foreign Institutions
1.1%
Mutual Funds
2.8%
Domestic Institutions
2.8%
Public
50.4%
Promoter
45.7%
Foreign Institutions
1%
Mutual Funds
0.5%
Domestic Institutions
0.5%
Public
52.8%
Promoter
45.7%
Foreign Institutions
1.1%
Mutual Funds
0.3%
Domestic Institutions
0.4%
Public
52.8%
Promoter
45.6%
Foreign Institutions
1.2%
Public
53.2%

TVS Srichakra Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
15
Bearish Moving Averages
1
5Day EMA
4,288.10
10Day EMA
4,260.30
12Day EMA
4,248.50
20Day EMA
4,215.10
26Day EMA
4,200.80
50Day EMA
4,184.00
100Day EMA
4,172.60
200Day EMA
4,010.40
5Day SMA
4,296.50
10Day SMA
4,294.20
20Day SMA
4,177.10
30Day SMA
4,158.00
50Day SMA
4,180.20
100Day SMA
4,196.60
150Day SMA
4,325.60
200Day SMA
4,133.30
Delivery & Volume
Resistance & Support
4,304.77
Pivot
Resistance
First Resistance
4,347.53
Second Resistance
4,396.72
Third Resistance
4,439.48
Support
First Support
4,255.58
Second support
4,212.82
Third Support
4,163.63
Relative Strength Index
55.21
Money Flow Index
74.11
MACD
47.73
MACD Signal
30.55
Average True Range
151.24
Average Directional Index
13.30
Rate of Change (21)
-0.19
Rate of Change (125)
-6.57
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Apcotex Industries Ltd.
2330.43
383
574.35
Apollo Tyres Ltd.
31882.07
365.5
559.85
Ceat Ltd.
10186.34
1992.5
2997.25
JK Tyre & Industries Ltd.
10357.25
191.2
554.35
Goodyear India Ltd.
-
-
-
Pix Transmissions Ltd.
1802.02
911
1570

TVS Srichakra Ltd Company background

Founded in: 1982
TVS Srichakra is a part of USD 8.5 billion TVS Group and one of the leading auto ancillary groups. Incorporated in June 2nd, 1982, Srichakra Tyres (STL) was promoted by R Naresh, T V Sundram Iyengar Sons Pvt. Ltd. and Sundaram Industries Pvt. Ltd. The company was renamed as TVS Srichakra Tyres Limited on Oct 1997. The company manufactures twowheeler, threewheeler and other industrial tyres. The Company has 3 subsidiaries, TVS Srichakra Investments Limited (TSIL), TVS Sensing Solutions Private Limited (formerly known as ZF Electronics TVS India Private Limited) subsidiary of TSIL and Fiber Optic Sensing Solutions Pvt Ltd(subsidiary of TSSPL).In Sep.94, the company came out with a rights issue to meet the cost of expanding the installed capacity from 15 lac to 24 lac tyres/tubes and to meet the longterm working capital requirements, at a project cost of Rs 3.60 cr. Some of the major clients of STL are Hero Honda, Bajaj Auto, TVS Suzuki, etc. The company has a joint venture with DuPont and Cherry. STL exports to the US and the European market. In 199596, the company expanded its production capacity to 33 lacs p.a. Technology for modernisation of certain sections of its plant is imported from Schiesser Rubber Technology, Switzerland. During 199798, the company has expanded its plant capacity of Automotive Tyres to 36 lakhs nos per annum and Tubes to 33 lakhs no per annum. This was funded through Long Term Debt and Internal Accruals. Nitya Sarvamangala Trading and Holding Ltd and TVS Srichakra Holdings Ltd are its subsidiaries. The company launched a new premium range of moped tyre, under the name MEGA STAR during the year 19992000.In 200001 company has expanded its plant capacity of the tyre division from 53 lakh nos to 55 lakh nos of tyres per annum. The company has also invested Rs.3.17 crores for this expansion and modernization. It is developing new tyres for the export market. During 200203 the 2 subsidiary companies viz Nitya Sarvamangala Trading Holding Limited and TVS Srichakra Holdings Limited was amalgamated with the company with prior approval from the board as well as from the Honble High Court of Chennai. It has also increased the tyre capacity and tube capacity to 73.62 lakh and 65.52 lakh respectively. The above expansion as well as modernization of its plant was done at an outlay of Rs.525 lakhs. The company has invested in modeling software, machine center and in other related infrastructure for developing proven products, in the least possible development cycle time.The Company is accredited with ISO 9001 and ISO 14001 and won TPM Excellence award and practicing Six Sigma and Lean Manufacturing Techniques.During FY 2015, the Company entered new markets for the sale of off highway tyres and expanded its twowheeler tyre distribution channels. In order to improve the visibility of the brand, it participated in various international shows. Besides, it continues investments in brand building and thus provides two wheeler conveyance solutions in the industry while maintaining low cost of manufacturing.During FY 2016, the company sold its investments in TVS Europe Distribution Limited due to strategic reasons. It has taken initiatives for brand building to increase the aftermarket business. During FY 2017, the company focused on premium models and increased share of business in the market. During FY 2018, the company took concrete steps for technological advancements required in the tyre industry for BSVI standards and vehicle electrification.TVS Sensing Solutions Private Limited (TSSPL) (formerly known as ZF Electronics TVS India Pvt. Limited (ZFTVS)) became a wholly owned subsidiary of TSIL from 4th June 2018 and subsequently its name was changed to TSSPL.In August 2019, the company has launched the Brand TVS Eurogrip targeted at meeting the needs of the millennial customers. TVS Eurogrip is born out of extensive consumer research and significant investments in global RD, design and technology platforms. On 08 December 2020, the company announced its planned capital expenditure of Rs.1,000 Crores to ramp up manufacturing in its Madurai and Pantnagar plants. This investment is planned to be made over a three year period. The investment, when fully made, will result in an increase in 2 3 wheeler tyre capacity by 2530% and doubling of offhighway tyre capacity from current levels. The investment is planned to be funded by a mix of debt and internal accruals.
Read More

TVS Srichakra Ltd FAQs

The past 1-year return of TVS Srichakra Ltd [TVSSRICHAK] share was 44.94. The TVS Srichakra Ltd [TVSSRICHAK] share hit a 1-year low of Rs. 2756 and a 1-year high of Rs. 5094.95.

The Mutual Fund Shareholding was 5.02% at the end of .

You can easily buy TVS Srichakra Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

Open Demat Account
+91 -

personImage