TVS Holdings shares caught investors’ attention on Friday as the stock jumped more than 2%.
The rise comes just days before an important record date for the company’s bonus preference share issue.
The stock climbed to ₹13,496.95, compared with its previous close of ₹13,145. With the record date approaching, investor interest in the stock has increased.
TVS Holdings Stock Performance
TVS Holdings has delivered strong returns over the long term.
The stock has gained around 145% in the last three years and 341% over five years.
Over the past one year, it has risen about 4%.
The stock touched a 52-week high of ₹16,150 on November 18 and a 52-week low of ₹11,927.90 on September 4 last year.
46 Bonus Preference Shares for Every 1 Share
TVS Holdings announced its bonus issue through an exchange filing on August 27.
Under the plan, eligible shareholders will receive 46 non-convertible redeemable preference shares for every 1 fully paid-up equity share they hold.
Each bonus preference share will have a face value of ₹10.
This means shareholders could receive a much larger number of preference shares based on their existing equity holdings.
The record date is September 8, 2026.
Only shareholders who are eligible as per the company’s records on the record date will qualify for the bonus issue.
Investors should also keep the stock’s applicable settlement and ex-date rules in mind while planning their purchase.
Strong June Quarter Results
TVS Holdings also reported strong financial results for the first quarter of FY 2026-27.
The company’s net profit jumped 82% year-on-year to ₹610.25 crore in the June quarter.
Revenue from operations also increased by 34% to ₹17,076.18 crore, compared with ₹12,742.19 crore in the same quarter last year.
The strong results have added another positive factor for investors watching the company.
What Are Bonus Shares?
Bonus shares are additional shares given by a company to its existing shareholders without any extra payment.
For example, if a company announces a 1:1 bonus and you own 100 shares, you would receive another 100 shares.
Your total holding would then become 200 shares.
In the case of TVS Holdings, however, the company has announced bonus preference shares, with eligible shareholders set to receive 46 preference shares for every 1 equity share held.
