TVS Motor Company Ltd Share Price (TVSMOTOR)

TVS Motor introduces new motorcycle in Guatemala, showcasing India's growing influence - 17 Apr, 2024

TVS Motor Company has launched its latest motorcycle, the TVS Ronin, in Guatemala, representing the company's bold foray into a new lifestyle segment. The launch signifies India's expanding presence in Guatemala's market and reflects the strong economic ties between the two countries. Indias exports to Guatemala surpassed $500 million in the 2023-24 financial year, showing remarkable growth of about 9% compared to the previous year.

TVS Motor Company Ltd Drops for Fifth Straight Session - 16 Apr, 2024

TVS Motor Company Ltd's stock continues to decline for the fifth consecutive session, dropping by 1.71% to Rs 1966 on NSE. The stock has lost around 3.22% in the last one month and has a PE of 47.31 based on TTM earnings ending December 23.

TVS Motors' Partnerships with BMW and Mercedes-Benz - 15 Apr, 2024

TVS Motors collaborates with BMW and Mercedes-Benz through its subsidiary TVS Sundaram Motors and Kromberg Schubert Motherson Sumi Systems Pvt. Ltd., respectively. The company's high P/E ratio of 59.4x reflects superior earnings outlook estimated at 39% p.a. for the next three years.

TVS Motor Records Best-Ever Sales Figures - 13 Apr, 2024

TVS Motor Company has recorded its best-ever two-wheeler domestic market sales of 3.15 million units in FY2024, an increase of 21.52% on FY2023's figures. The company also launched the Apache Racing Experience GP to nurture talent. Additionally, TVS and Bajaj Auto notch new milestones with their best-ever 12-month EV sales in FY2024.

TVS Motor Company's Suppliers Achieve Milestones - 12 Apr, 2024

TVS Supply Chain Solutions achieved a milestone by delivering 500,000 CKD kits to TVS Motor Company's export markets, while TVS ILP invested ₹125 crore in a new warehouse in Cuttack, Odisha. The projects are expected to create job opportunities.

TVS Supply Chain Achieves Milestone for TVS Motor Company - 11 Apr, 2024

TVS Supply Chain Solutions has achieved a significant milestone by providing 500,000 complete knock-down (CKD) kits to TVS Motor Company for its two-wheelers exported to 26 countries in Asia and Africa. The Hosur warehouse facility ensures defect-free dispatches with zero defects in CKD assembly.

TVS Motor Company Expected to Post Strong YoY Growth - 09 Apr, 2024

TVS Motor Company is expected to post a 21.5% YoY revenue expansion, aided by volume growth of 22.4% YoY and improved product exports. EBITDA margin growth is expected to be at 98bps YoY, resulting in a PAT growth of 31.3% YoY.

TVS Motor Shares Rise Amidst Rural Demand Boost - 08 Apr, 2024

TVS Motor Company's stock rose by 3% due to factors such as rising rural demand, marriage season, and pre-election government spending. Meanwhile, Ather has fallen behind larger rivals Ola Electric and TVS Motor in e-scooter sales due to discounts.

TVS Motor Launches Retro Motorcycle in Colombia - 05 Apr, 2024

TVS Motor Company has launched TVS RONIN, a modern-retro motorcycle in Colombia. The company's December quarter results surpassed expectations with double-digit revenue growth and an operating margin expansion.

TVS Motor Reports Growth in Sales; Receives Subsidy Certificates - 03 Apr, 2024

TVS Motor Company Ltd registers a growth of 12% in sales with total sales at 41.9 Lakh units in FY 2023-24. The company also receives subsidy certificates under the Electric Mobility Promotion Scheme (EMPS) 2024.

TVS Motor Records Strong Sales Growth in March and FY24 - 02 Apr, 2024

TVS Motor Company reports strong sales growth in March 2024 and FY24, registering a 12% YoY increase in total sales for March 2024 and a record 14% YoY growth in total sales for FY24. The company also saw significant growth in its motorcycle and scooter segments. However, the stock fell by 1.95% after missing sales estimates.

TVS Motor Reports Strong Sales Growth in FY24 - 01 Apr, 2024

TVS Motor reported strong sales growth in FY24, with total sales increasing by 14%. The company also confirmed a sponsorship contract with Formula F2 racer Kush Maini and emerged as the second-largest player in India's EV market share for FY24. Union Minister Nitin Gadkari has vowed to rid the country entirely of petrol and diesel vehicles.

TVS Motor Stock Breaks Resistance Mark, Poised for Upside Rally - 28 Mar, 2024

TVS Motor Company's stock has broken above its anchor VWAP resistance mark and is expected to rally upwards towards 2300 and beyond, with a strict stoploss at the 2050 mark. The stock is currently trading up by 1.06% on the NSE.

TVS Motor Company Faces Subsidy Loss on Unsold Vehicles - 27 Mar, 2024

TVS Motor Company and other electric two-wheeler manufacturers will bear the brunt of a subsidy loss of an average of Rs 20,000 per unsold vehicle due to the FAME 2 scheme. Meanwhile, the Venu Srinivasan family has signed an MoU for succession planning at the TVS Group.

Mixed Analyst Views for TVS Motor Company - 26 Mar, 2024

HSBC has maintained a hold call on TVS Motor Company with a target of ₹2,300 per share due to slow exports. However, Emkay Global Financial Services considers it as one of the best picks from the fallen angels in their model portfolio.

TVS Enters Health Insurance Market and Empowers Rural Women - 25 Mar, 2024

TVS Motor Company makes a foray into the booming Rs 1 lakh crore health insurance market with Galaxy. Meanwhile, TVS' social arm, Srinivasan Services Trust, has empowered over 60,000 rural women across five states through various initiatives.

TVS Motor Company Family Members Sign Non-Compete Pact - 23 Mar, 2024

The family members of TVS Motor Company's Chairman Emeritus, Venu Srinivasan, have signed a non-compete pact to avoid competition and the usage of certain trademarks in defined business areas.

TVS Motor Declares Interim Dividend; Analysts Recommend Top Picks - 22 Mar, 2024

TVS Motor Company declares an interim dividend of Rs 94 per share. Analysts recommend Hero Honda, Bajaj Auto, TVS and Eicher as top picks due to favorable valuations.

TVS Motor Approves Bonus Share Issue & Appoints Directors - 21 Mar, 2024

TVS Motor Company Ltd announces a bonus non-convertible redeemable preference share issue of up to ₹1,900 crore to equity shareholders. The company also appoints two new independent directors and its subsidiary acquires an additional 9.72% stake in Killwatt GmbH.

TVS Motor Announces Bonus Preference Shares and New Board Appointments - 20 Mar, 2024

TVS Motor Company announces the issuance of cumulative non-convertible redeemable preference shares by way of bonus in a 4:1 ratio. The company also appoints two new independent directors subject to shareholder approval.