Bengaluru, July 14 -- Cybersecurity has become one of the hottest themes on Dalal Street, with companies across sectors racing to tap into rising enterprise demand for digital security. The latest to join this bandwagon has inked a fresh alliance aimed at expanding its technology services footprint, giving investors a fresh talking point around its growth strategy.

With a market capitalization of Rs.967 crore, the shares of TVS Electronics Limited were trading at Rs. 536 per share, with a 52-week range of Rs. 739 to Rs. 336, and they are trading at a P/E of approximately 806x. The stock jumped 6 percent from the day's low after the announcement.

Deal Details

TVS Electronics announced it has signed a Strategic Alliance Memorandum of Und...