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AutomobilesPre-market

TVS Motor divests stake in Rapido for ₹288 crore

pre-market1 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, 07:06 IST.

Sourcesnews.google.com

The market after the news

TVSMOTOR closed +0.3% on the day of the news, from ₹3,446.80 to ₹3,456.80; Nifty −0.1% over the same session; futures OI −1.0%.

Bulletin at 07:06 IST on 7 Nov 2025. Every change is measured from ₹3,446.80, the last close before it, on 6 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 it311534473779axis spans 21%before the news · 6 Nov3447Nifty 50TVSMOTORbulletinD0+1+3+530 Oct12 Nov21 NovFutures open interest, lotspeak 53,000Reference close ₹3,446.80. 16 sessions from 30 Oct to 21 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 %
Before6 Nov₹3,446.80basebase
On the day7 Nov₹3,456.80▲ +0.3%▼ −0.1%+0.4 pp difference
+1 session10 Nov₹3,490.80▲ +1.3%▲ +0.3%+1.0 pp difference
+3 sessions12 Nov₹3,454.50▲ +0.2%▲ +1.4%−1.2 pp difference
+5 sessions14 Nov₹3,386.50▼ −1.8%▲ +1.6%−3.3 pp difference
Gap at the open, % · ₹
▼ −0.5%−16.89 on 7 Nov
Day's range, % · ₹
3.7%≈ 130 high to low
Volume on the day
1.13×the 20-session average
Futures OI on the day
▼ −1.0%−520 lots · short covering · price +0.3%
Futures OI open, lots
51,0007 Nov · 25 Nov expiry
Futures premium, ₹
+14.50+0.4% to spot
Puts per call, by OI
0.42from 0.43 the session before
Max pain
3,500from 3,500 the session before

Source NSE UDiFF bhavcopy · TVSMOTOR on the desk →

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