TVS Supply Chain Solutions slips almost 3% on debut

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TVS Supply Chain Solutions slips almost 3% on debut


Shares of TVS Supply Chain Solutions Ltd. ended decrease by almost 3% on the BSE and NSE respectively throughout market debut on Wednesday..

On the NSE, the inventory listed at ₹207.05 in contrast with the problem worth of ₹197 apiece however closed 2.87% decrease at ₹201.10.

On the BSE, the share listed at ₹206.30, however closed 2.59% decrease at ₹200.95.

The firm is promoted by TVS Mobility Private Ltd., T.S. Rajam Rubbers Private Ltd., Dhinrama Mobility Solution Private Ltd, and Ramachandhran Dinesh.

The proceeds from the problem can be utilised for cost of debt availed by the corporate and its subsidiaries — TVS LI UK and TVS SCS Singapore — and for basic company functions.

The firm presents its providers in two segments particularly built-in provide chain options and community options. Its shopper listing consists of corporations within the Automotive, Defence, Engineering, FMCG, Rail, FMCG, Utilities, E-commerce, and Healthcare business. 



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