TVS Motor Company share price touches 52-week high as it enters European market with Emil Frey deal

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₹1,712.70 apiece on the BSE on Friday's session following the news of TVS Motor Company's entry into key European market after an agreement with Emil Frey. TVS Motor said in its exchange filing on Thursday that it has inked a distribution and import agreement with Emil Frey, a renowned automotive distributor that has been in business for a century.

TVS Motor Company share price today opened at ₹1,699.95 apiece on the BSE. Also Read: Delhivery shares fall over 3.50% on large block deal According to Rajesh Bhosale - Equity Technical and Derivative Analyst, Angel One, TVS Motor Company stock price witnessed a gap-up opening, but no major traction post opening, the stock is in uptrend and we expect this up-move to continue, however considering the overbought conditions, one should ideally look for dips to buy 1,670 is immediate support whereas 1,740 is immediate resistance.