Page 5 - Tvs Motor Company

TVS Motor records 20% rise in Sep sales by retailing 4,82,495 units

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

Bajaj Auto looks to pip TVS to second spot in electric 2-wheeler market

The Pune-based giant, which was trailing far behind TVS just two months ago in e-two-wheelers (e2Ws), has upped the ante

Auto Bet: Bajaj, M&M, Escorts Kubota may lead August sales, says Nuvama

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.

Rural revival, margin uptick key to sustaining gains for two-wheeler stocks

Two-wheeler stocks ride the wave of EV adoption, launches, and premiumisation

TVS Motor's new 'Jupiter' is significant upgrade, says UBS; raises target

UBS believes TVS Motor's New Jupiter is a significant upgrade over the old model and peers

TVS launches new Jupiter 110; targets over 12% growth in scooter segment

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

TVS Motor Company's new launch drives shares to 52-week high; details

The surge in the stock price of TVS Motor company followed the news of the launch of its new product, TVS Jupiter 110

Confident of outperforming industry in domestic, global markets: TVS Motor

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 ...

TVS Motor stock hits all-time high, jumps 5% on healthy June qtr earnings

With normal monsoon expected for this fiscal, TVS expects rural recovery to drive sustained momentum for the industry in the coming quarters.

Uptick in rural demand to propel two-wheeler industry: TVS Motor chairman

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 Q1FY25 results: PAT rises 23.5% to Rs 577 cr on strong demand

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

Stocks to watch on August 6: RIL, Bharti Airtel, Lupin, TVS Motor, ONGC

At 6:31 AM, GIFT Nifty futures were up 197 points, trading at 24,299.5, indicating a robust gap-up opening.

Bajaj Auto, TVS lead the charge in electric two-wheeler sales surge

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

Stocks to watch, July 18: Infosys, RIL, Vi, LTIM, Asian Paints, Paytm

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.

TVS Motor stock gains on launching 2024 Apache RTR 160-racing edition

The 2024 TVS Apache RTR 160 Racing Edition will be offered at an ex-showroom price of Rs 1,28,720 in Delhi

5 stocks with long buildup: AU SFB, Marico, TVS Motor may surge up to 22%

Aditya Birla Fashion, AU Small Finance Bank, Metropolis, Marico and TVS Motor have seen steady rise in stock price, backed by rise in open interest, thus indicating long buildup at these counters in t

RIL, Sun Pharma, HDFC Bank, BHEL among 11 stocks to monitor on May 22

At 7:09 AM, GIFT Nifty futures indicated a modest uptick of 25 points, trading at 22,626 against Nifty futures

TVS Motor starts operations in Italy, to introduce range of scooters, bikes

TVS Motor Company Ltd on Wednesday said it has started its operations in Italy with plans to introduce a range of both conventional as well as electric scooters and motorcycles. The company is expanding its operations in Italy via its branch office, TVS Motor Italia, headed by Giovanni Notarbartolo di Furnari, TVS Motor Co said in a regulatory filing. Furnari brings extensive experience from senior managerial roles in major automotive companies in Italy, Latin America, the UAE, and Europe, it added. "Our move into Italy is a strategic step towards our global ambitions," TVS Motor Co President, Head Group Strategy, Sharad Mohan Mishra said. The company will introduce its TVS Apache 310 Series bike, available in RR and RTR versions, that has been developed in collaboration with BMW. Other products lined up for the Italian market include TVS Ronin 250 - a 'modern-retro' lifestyle motorcycle; commuter bike TVS Raider; mid-range scooter TVS NTorq and scooter TVS Jupiter 125, along with

TVS Motor launches new TVS iQube e-scooter; price starts from Rs 94,999

Two and three-wheeler maker TVS Motor has rolled out a new range of its popular electric scooter, TVS iQube, widening its product portfolio, the company said. With the launch of new variants, the TVS iQube portfolio begins at an introductory price of Rs 94,999 ex-showroom, the company said. The TVS iQube is now available in 3 battery options -- 2.2 kWh, 3.4kWh and 5.1 kWh, being the largest battery pack in the segment. The company is ready to deliver TVS iQube ST to customers, TVS Motor Company said. As a frontrunner in sustainable mobility solutions, TVS Motor Company reaffirms its commitment to the EV segment with trustworthy, innovative and delightful products. Furthering this vision and in an endeavour to making EV accessible to all, with new 2.2kWh battery variant, TVS iQube series now starts at an introductory effective ex-showroom price of Rs 94,999 which will further help reduce the total cost of ownership for the customers, the city-based company said in a statement on ..

TVS Motor expects 25-30% of 2-wheeler sales to come from EVs: MD Sudarshan

TVS Motor Company expects electric vehicles to account for 25-30 per cent of its total two-wheeler sales in the next two to three years, according to Managing Director Sudarshan Venu. The company, which had earlier this year reiterated its commitment to invest Rs 5,000 crore towards design, development and deployment of future technologies, products, and digital capabilities, is betting big on electric mobility and may even look at electric bicycle and cargo three-wheelers, to have a full range of products. "EV sales will only go up...We believe that 25-30 per cent of TVS' (two-wheeler) sales will be EV (electric vehicles) in two to three years' time. We are investing to embrace that future and to launch exciting and aspirational products that will delight customers to buy them," Venu told PTI. In FY24, the company's EV sales grew by 101 per cent at 1.94 lakh units as against 97,000 units during 2022-23. TVS sold 19.9 lakh units of motorcycles and 15.7 lakh scooters in FY24. Venu s