TVS Electronics stock up by 9 percent
Bangalore: TVS Electronics stock was among top gainers after price went up by nearly 9 percent.After opening the day at 
34.00, the stock touched its 52 week high of 39.40, before closing the trade at 33.30, with gain of 9.01 percent. Through the day, 233711 shares of TVS Electronics were traded in the market.
TVS Electronics Limited is an India-based company. The Company is engaged in the business of transaction automation information technology (IT) products and solutions. Its principal products include computer peripherals and IT management services. During the fiscal year ended March 31, 2010 (fiscal 2010), the Company's production/purchases of computer peripherals was 283,497 numbers. Its plant is located in Dehradun, Uttarkhand. Its ultimate holding company is Sundaram-Clayton Limited. The Company's subsidiaries include Tumkur Property Holdings Limited and Prime Property Holdings Limited.
T V S Electronics swung to loss for the quarter ended September 2009. During the quarter, the company reported loss of Rs 4.80 million compared with a profit of Rs 5.40 million in the same quarter previous year.
Net sales for the quarter declined marginally 4.30percent to Rs 514 million, while total income for the quarter fell 6.26 percent to Rs 514.00 million, when compared with the prior year period.It reported loss of Rs 0.27 a share during the quarter compared with earnings of Rs 0.31 a share in previous year period.
34.00, the stock touched its 52 week high of 39.40, before closing the trade at 33.30, with gain of 9.01 percent. Through the day, 233711 shares of TVS Electronics were traded in the market.
TVS Electronics Limited is an India-based company. The Company is engaged in the business of transaction automation information technology (IT) products and solutions. Its principal products include computer peripherals and IT management services. During the fiscal year ended March 31, 2010 (fiscal 2010), the Company's production/purchases of computer peripherals was 283,497 numbers. Its plant is located in Dehradun, Uttarkhand. Its ultimate holding company is Sundaram-Clayton Limited. The Company's subsidiaries include Tumkur Property Holdings Limited and Prime Property Holdings Limited.
T V S Electronics swung to loss for the quarter ended September 2009. During the quarter, the company reported loss of Rs 4.80 million compared with a profit of Rs 5.40 million in the same quarter previous year.
Net sales for the quarter declined marginally 4.30percent to Rs 514 million, while total income for the quarter fell 6.26 percent to Rs 514.00 million, when compared with the prior year period.It reported loss of Rs 0.27 a share during the quarter compared with earnings of Rs 0.31 a share in previous year period.