TVS Motor shares up nearly 4 pct

On the National Stock Exchange also,the scrip gained 3.76 per cent to touch a high of Rs 62.

In terms of volume,over 30 lakh shares of the company were traded on the bourses within the first two hours of trade.

Experts attributed the rise in the stock to buying by the investors as markets are expecting good quarterly earnings from the company.

Meanwhile,the BSE benchmark index Sensex was trading lower by 56.56 points at 19,235.46 at 1112 hours.