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AutomobilesAfter close

TVS Motor divests stake in Rapido for ₹288 crore

after close1 source ↓written by the desknot a recommendation

aggregator Rapido
₹287.93 crore
and equity shares
11,997 Series D CCPS

TVS Motor Company has agreed to sell its stake in bike-taxi aggregator Rapido for ₹287.93 crore. The divestment involves agreements with Accel India and Prosus, comprising 11,997 Series D CCPS and equity shares. This exit follows Swiggy's recent withdrawal from Rapido, indicating ongoing investor shifts in the mobility sector. 📉

This move may impact TVS's strategic focus and liquidity, potentially influencing market sentiment.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 7 Nov 2025, 16:06 IST.

Sourcesnews.google.com

The market after the news

TVSMOTOR closed +1.0% on the day of the news, from ₹3,456.80 to ₹3,490.80; Nifty +0.3% over the same session; futures OI −0.7%.

Bulletin at 16:06 IST on 7 Nov 2025. Every change is measured from ₹3,456.80, the last close before it, on 7 Nov. Nifty 50 is measured over the same sessions.

  • TVSMOTOR close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TVSMOTOR closes around the bulletin against the close before the news, with Nifty 50 rebased to it312434573790axis spans 21%before the news · 7 Nov3457Nifty 50TVSMOTORbulletinD0+1+3+531 Oct13 Nov24 NovFutures open interest, lotspeak 52,000Reference close ₹3,456.80. 16 sessions from 31 Oct to 24 Nov; the price axis spans 21 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before7 Nov₹3,456.80basebase
On the day10 Nov₹3,490.80▲ +1.0%▲ +0.3%+0.7 pp difference
+1 session11 Nov₹3,474.20▲ +0.5%▲ +0.8%−0.3 pp difference
+3 sessions13 Nov₹3,450.60▼ −0.2%▲ +1.5%−1.7 pp difference
+5 sessions17 Nov₹3,475.40▲ +0.5%▲ +2.0%−1.5 pp difference
Gap at the open, % · ₹
▼ −0.2%−5.53 on 10 Nov
Day's range, % · ₹
1.5%≈ 53 high to low
Volume on the day
0.79×the 20-session average
Futures OI on the day
▼ −0.7%−350 lots · short covering · price +1.0%
Futures OI open, lots
51,00010 Nov · 25 Nov expiry
Futures premium, ₹
+11.90+0.3% to spot
Puts per call, by OI
0.43from 0.42 the session before
Max pain
3,500from 3,500 the session before

Source NSE UDiFF bhavcopy · TVSMOTOR on the desk →

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