Popular Vehicles & Services is currently trading at Rs 121.65, up by 2.85 points or 2.40% from its previous closing of Rs 118.80 on the BSE.

The scrip opened at Rs 125.00 and has touched a high and low of Rs 127.45 and Rs 120.15 respectively. So far 2689 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 2 has touched a 52-week high of Rs 241.55 on 26-Aug-2024 and a 52-week low of Rs 87.28 on 21-Apr-2025.

Last one week high and low of the scrip stood at Rs 127.45 and Rs 114.60 respectively. The current market cap of the company is Rs 863.28 crore.

The promoters holding in the company stood at 61.18%, while Institutions and Non-Institutions held 21.38% and 17.45% respectively.

Popular Vehicles & Services’ 100% step-down subsidiary -- Prabal Motors has successfully executed a Business Transfer Agreement (BTA) to acquire the BharatBenz dealership operations from Globe CV in the state of Punjab. With this transaction, Prabal Motors will operate eight state-of-the-art facilities spread across key cities of Punjab. Out of the eight facilities, seven are integrated 3S outlets (Sales, Service and Spare Parts), while one is dedicated to after-market spare parts. 

The acquisition will include the transfer of entire business units, including the new vehicle inventory, assets and manpower strength for a consideration of Rs 12 crore. Currently, the vehicle inventory is worth Rs 22 crore. With this strategic expansion, the company will extend its geographic presence of its CV portfolio in Northern India, building on its strong presence in Maharashtra and Tamil Nadu, and reinforces its long-standing partnership with the BharatBenz brand.

Popular Vehicles & Services is engaged in the business of automobile dealerships in India. It provides complete services throughout the life cycle of vehicle ownership, including sales of new and preowned vehicles, servicing, spare parts distribution, driving schools, and third-party financial and insurance product sales.