Technical charts suggest that stocks like TVS Motor, Lodha, DLF, Jio Financial Services and Federal Bank can potentially rally up to 19 per cent from present levels.
The uptick in TVS Motor share price came after the company announced that it has introduced a refreshed TVS Apache RTR 160 4V with new features and technology
The rise in TVS Motor share price came on the back of a healthy September quarter of financial year 2025 (Q2FY25) results announced on October 23.
Two-wheeler stocks bore the brunt of the selling pressure in auto on Thursday, as the Nifty Auto index plunged below its 100-DMA for the first-time in 18 months; Tech charts suggest more pain ahead.
India needs to build its "unique Indian way of progress" to position itself as a global leader and a place to go for high quality services and products, TVS Motor Company Chairman Emeritus Venu Srinivasan said on Tuesday. In his address at a symposium organised by Indian Foundation for Quality Management (IFQM), for which he is the Chairman, Srinivasan cautioned that India will continue to lag behind the world if it continued to follow other countries like Germany, the US, Japan, Korea and China. "We (India) have been one of the major economies in the world in the past. 700 years ago we contributed one quarter to the world's economy. We were a central hub of trading, dominating land routes and maritime routes both the West and East," Srinivasan said. He further said,"And from there we today find ourselves at a very low level in terms of our contribution to global trade in goods and services." Elaborating reasons behind establishing IFQM, he said it is "really not about the small Q
Two and three wheeler major TVS Motor company has garnered a 20 per cent sales in September by retailing 4,82,495 units, the company said on Tuesday. The city-headquartered company had registered sales of 4,02,553 units during the same month of last year. Sales of electric vehicles last month surged by 42 per cent to 28,901 units, from 20,356 units sold in the same month of last year. Total two-wheeler sales recorded a 22 per cent growth to 4,71,792 units in September 2024, as compared to 3,86,955 units in same month of last year. Sales of two-wheeler in domestic market went up by 23 per cent to 3,69,138 units, from 3,00,493 units sold in September 2023. Sales of motorcycles in September 2024 grew by 23 per cent to 2,29,268 units, as against 1,86,438 units sold in corresponding month of last year. Scooter sales saw 20 per cent growth to 1,86,751 units in September 2024 from 1,55,526 units in September 2023. On the exports front, the company witnessed an 11 per cent growth in sale
The Pune-based giant, which was trailing far behind TVS just two months ago in e-two-wheelers (e2Ws), has upped the ante
Within the 2W segment, analysts believe, mass-market original equipment manufacturers (OEMs) such as Honda, Hero Moto Corp, Bajaj Auto, and TVS are anticipated to perform well.
Two-wheeler stocks ride the wave of EV adoption, launches, and premiumisation
UBS believes TVS Motor's New Jupiter is a significant upgrade over the old model and peers
At present, the industry is growing at a rate of 8 per cent, and TVS Motor is growing at a rate of 12 per cent
The surge in the stock price of TVS Motor company followed the news of the launch of its new product, TVS Jupiter 110
TVS Motor Company expects to grow faster than the competition across domestic and international markets this fiscal riding on the back of new product launches and strengthening of operations across key regions, according to CEO KN Radhakrishnan. He noted that in the domestic market, the company expects growth momentum to continue with normal monsoons likely to add strength to the rural markets. In international markets, Radhakrishnan exuded hope to perform better in key markets like Africa this year while expanding operations in other regions like the Middle East and Latin America. "Our strong product portfolio; our unwavering focus on the consumers, quality, new products and attractive quality and technology, we are confident that we will outperform the industry both in the domestic and international markets," Radhakrishnan said in an analyst call. He noted that the growth momentum is likely to be maintained with the budget focusing on employment generation, continued higher ...
With normal monsoon expected for this fiscal, TVS expects rural recovery to drive sustained momentum for the industry in the coming quarters.
The domestic two-wheeler segment will continue on growth path in the current fiscal on the back of factors like normal rainfall and uptick in rural demand, according to TVS Motor Chairman Ralf Speth. Speaking at the company's annual general meeting (AGM), he noted that in partnership with BMW Motorrad, TVS will be working on design and development of additional new vehicles for the global markets. "With a young, intelligent, thriving workforce the nation is well-positioned to leverage its advantages. I am also convinced that India can benefit from major shifts in the geo-political, geo-economic, environmental and social landscape. India can go its own way. India can overtake," Speth stated. He noted that the company expects the domestic two-wheeler industry to continue to grow in FY25 on the back of strong economic indicators, including normal rainfall and uptick in rural demand. "Our focus on EVs - as one of our future growth enablers - fits perfectly with our 2030 vision," he ...
TVS Motor's earnings before interest, taxes, depreciation and amortization margin rose to 11.5 per cent from 10.6 per cent a year ago
At 6:31 AM, GIFT Nifty futures were up 197 points, trading at 24,299.5, indicating a robust gap-up opening.
The volume push was led by Bajaj, which saw its vehicle registrations go up by a staggering 79 per cent to hit 16,269 in July over the previous month
Domestically, foreign institutional investors were net buyers on July 16, acquiring shares worth Rs 1,271.45 crore, whereas domestic institutional investors sold shares worth Rs 529.48 crore.
The 2024 TVS Apache RTR 160 Racing Edition will be offered at an ex-showroom price of Rs 1,28,720 in Delhi