Among others, Manappuram Finance, Marico, Radico Khaitan, Redington, Welspun Corp, Laurus Labs and Sai Life Sciences also touched respective all-time highs in trade on Thursday.
Technically, the Nifty has reclaimed the immediate resistance zone formed by the 20-day and 100-day DEMA, indicating an improvement in the near-term technical setup.
Nifty 50 index needs to hold above 24,000 for an up move towards the 24,200 and 24,300 zones, while support can be seen at 23,900 then 23,800 zones.
Analysts say TVS Motor is well positioned to sustain its outperformance, supported by consistent market share gains, a strong premium product pipeline, robust EV momentum, and ongoing capex.
While near-term uncertainties surrounding the monsoon, crude oil prices and geopolitical developments persist, auto sector's growth outlook is increasingly being driven by structural demand.
Hero, TVS, and Bajaj count on overseas markets while bracing for global uncertainty
Despite geopolitical headwinds, the Indian 2W industry entered FY27 on an optimistic footing, supported by continued strength in retail demand, said Hero MotoCorp.
Exports, premium motorcycles and electric vehicles drove strong June-quarter earnings, while management commentary points to sustained momentum despite cost pressures
Chairman Sudarshan Venu says overseas operations now contribute over a quarter of revenue as the company expands across Africa, Latin America, Asia and Europe
TVS Motor reported a 51 per cent increase in net profit for the first quarter to ₹1,174 crore on a year-on-year basis. Revenue for the quarter was up 38 per cent to ₹13,896 crore.
Other income included a ₹149.60 crore fair-value gain, while the board approved raising up to ₹1,000 crore through debt instruments, commercial paper or other borrowings
TVS Motor Company Ltd on Tuesday reported a 65 per cent jump in consolidated net profit to Rs 1,057.61 crore in the first quarter ended June 30, 2026, riding on record quarterly sales. The company had posted a consolidated net profit of Rs 642.86 crore in the corresponding period of the preceding fiscal, TVS Motor Company said in a regulatory filing. Consolidated revenue from operations in the first quarter stood at Rs 16,295.52 crore, up from Rs 12,210.05 crore in the year-ago period, it added. Total expenses in the quarter under review were higher at Rs 14,894.22 crore, compared to Rs 11,261.6 crore in the same period a year ago, the company said. During the first quarter, TVS Motor said it registered its highest-ever quarterly sales, with overall two- and three-wheeler sales growing by 28 per cent to 16.3 lakh units, up from 12.8 lakh units in the year-ago period. Motorcycle sales during the quarter under review grew by 19 per cent to 7.4 lakh units, compared to 6.2 lakh units
TVS Motor shares have gained 32 per cent in a year and 179 per cent in three years, according to BSE data, even as it is down 1 per cent year-to-date.
Q1FY27 company results: Firms including Adani Energy Solutions, The Indian Hotels Company, IndiaMART InterMESH, and Aditya Birla Sun Life AMC are also to release their April-June earnings today
Analysts said the impact of a weak monsoon would depend more on the distribution of rainfall across key agricultural regions rather than the overall national rainfall figure.
India's automobile industry recorded its strongest-ever first quarter, with record sales across key segments, while SIAM expects festive demand and easier financing to sustain momentum
Fada data shows legacy players driving nearly all first-half market growth, while Ather remains the standout among EV-first manufacturers
Tube Investments of India, Ashok Leyland were among the major laggards. Both counters fell over 3 per cent as the Brent price surged to $85 per barrel mark, adding pressure on auto stocks.
Stocks to watch today: Power Grid, Sterlite Technologies, ZEN Technologies, TVS Motor Company, Varun Beverages, Torrent Pharma, Cochin Shipyard, Titan, Trent, among others, will be in focus today
TVS Motor Company marked the milestone with the launch of its 'Tu Race Laga' campaign, highlighting Apache's racing heritage and presence across 90 countries