Page 6 - Tvs Motor Company

TVS Motor stock rises 6% after Q4 results meet street estimates

TVS Motor's profit zoomed 18.3 per cent on a year-on-year (Y-o-Y) basis to Rs 485.4 crore in March quarter of financial year 2024 (Q4FY24), from Rs 410 crore in the same quarter a year ago (Q4FY23)

Tata Power, L&T, BoB, VI, and TVS Motor among six stocks to track on May 9

Stocks to watch on Thursday, May 9: inancial services company Citigroup on Wednesday sold shares of telecom company Vodafone Idea for over Rs 233 crore through an open market transaction

Auto, tyre shares on a roll; Nifty Auto, M&M scale new highs; here's why

Auto, tyre stock update: Shares of auto and tyre makers rallied up to 5 per cent in intra-day deals on Tuesday, lifting the Nifty Auto index to a new all-time high on upbeat outlook.

Ola Impact: TVS Motor stock price can slide up to 14%, suggests chart

Among others, Bajaj Auto stock may slip up to 5 per cent, while Aether Industries is expected to trade on a range-bound note, technical charts indicate.

TVS Supply Chain Solutions expands warehousing footprint in India

The warehousing solutions are equipped with cutting-edge technology systems and top-of-the-line material handling equipments

TVS Motor Company sales increase by 33% to 368,424 units in February

TVS Motor Company on Friday said its wholesales rose 33 per cent year-on-year to 3,68,424 units in February. The company had dispatched 2,76,150 units in February 2023. Total two-wheeler sales registered a growth of 34 per cent to 3,57,810 units last month from 2,67,026 units in February last year, the company said in a statement. Domestic two-wheeler dispatches to dealers registered growth of 21 per cent at 2,67,502 units as compared with 2,21,402 units in the same period last year. The company said its electric vehicle sales stood at 17,959 units last month, an increase of 16 per cent, as compared with 15,522 units in February 2023.

2-wheeler shares rally; Hero MotoCorp surges 6%, TVS m-cap nears Rs 1 trn

Shares of Hero MotoCorp have soared 18 per cent in the past one month

TVS Motor's market cap nears Rs 1 trillion; stock surges 55% in 5 months

TVS Motor has entered into a Memorandum of Understanding (MoU) with Guidance, the Nodal Agency of the Government of Tamil Nadu to invest Rs 5,000 crore in 5 years

MNCs chose TN for its good leadership, bureaucracy: TVS Motor's Srinivasan

Several multinational companies chose Tamil Nadu to set up their base because of the good political leadership the state offers and an excellent bureaucracy, Venu Srinivasan, the Chairman Emeritus of two and three wheeler major TVS Motor Company said on Sunday. Delivering his address at the inaugural Global Investors Meet 2024 organised by the Tamil Nadu government, he said the vision of Chief Minister M K Stalin to make the state a USD 1 trillion economy by 2030 would be definitely achieved.' GIM 2024 is another important landmark in the series of GIMS that we have been having. We are one of the best performing states in the country and I am very proud to say this as a Tamizhan, he said. Today's GIM is third edition of the event by a state government while past Global Investors Meets were conducted by the then AIADMK government in 2015 and 2019, respectively. Our Chief Minister has an ambitious goal to make Tamil Nadu a trillion dollar economy. I am sure with his leadership, and h

Tamil Nadu ropes in business tycoons to promote its industrial success

Through twin campaigns, the state showcases its robust biz climate

Festive cheer drives up TVS, Bajaj sales: Two-wheeler boom, export boost

Bajaj Auto reported that the domestic two-wheeler segment witnessed a 26 per cent growth, with sales climbing to 158,370 units in December 2023 from 125,553 units in December 2022

TVS Motor Company posts 25% jump in sales at 301,898 units in Dec

TVS Motor Company on Monday reported a 25 per cent rise in total dispatches at 3,01,898 units in December 2023. The company had sold a total of 2,42,012 units in December 2022, TVS Motor Company said in a statement. Two-wheelers sales were at 2,90,064 units in December 2023 as compared to 2,27,666 units in the same month last year, up 27 per cent, it added. Domestic two-wheeler sales grew by 33 per cent at 2,14,988 units in December 2023 as against 1,61,369 units in December 2022. Motorcycle sales rose by 19 per cent to 1,48,049 units last month as compared to 1,24,705 units in December 2022, while scooter clocked sales of 1,03,167 units as against 76,766 units in the year-ago month, a growth of 34 per cent. TVS Motor Co said it sold 11,232 units of iQube electric scooter in December 2023 as against sales of 11,071 units in the same month last year. Three-wheeler sales were at 11,834 units last month as compared to 14,346 units in December 2022, it added. Total exports were at

Tamil Nadu campaign to celebrate state's business titans, industrial legacy

Corporate leaders to speak about their companies in campaign curated by CII

TVS Motor says aiming for bigger market share in premium motorbike segment

Two and three-wheeler manufacturer TVS Motor is aiming to capture a bigger market share in the premium motorcycle segment, an official of the company said on Wednesday. The company enjoys the number two position in the premium motorbike segment in India, which is growing at 10 per cent at present, he said. Motorcycles having an engine displacement of 150 cc and above are categorised in the premium segment. "We enjoy the number two position in the premium segment in the Indian motorcycle market. We aim to have a bigger market share in this category," Vimal Sumbly, head (premium business) of TVS Motor said. Launching the TVS Apache RTR 310 in Kolkata, Sumbly said the company now offers premium motorcycles ranging from 160 cc to 310 cc displacements. "Our aim is to increase the volume of the premium motorcycle segment in the country. Now premiumisation in the motorcycle segment is taking place at a faster pace with improvement in infrastructure and rise in disposable incomes," he tol

Tamil Nadu CM announces Rs 6,000 aid to people affected by Cyclone Michaung

Corporates too joined the bandwagon in extending aid to the state. TVS Motor Company, India's third largest two-wheeler company has donated Rs 3 crore to the Chief Minister's Relief Fund

TVS Motor launches new variant TVS Apache RTR 160 4V at Rs 1.34 lakh

Two and three-wheeler manufacturer TVS Motor has launched the TVS Apache 160 4V motorcycle equipped with Dual Channel ABS and Voice Assist, widening its product portfolio. The new bike, priced at Rs 1,34,990 (ex-showroom Tamil Nadu) was in line with TVS Motor's commitment to safety while experiencing the joy of riding a motorcycle. The bike was launched at the third edition of TVS Motosoul - the flagship motorcycle festival by TVS Motor in Goa. The occasion also marked the extension of TVS Motor and Petronas' collaboration for the next season. "The focus of the partnership will also be on introducing co-branded merchandise that aligns with the values and identity of both the brands.", a company statement said. TVS Motor Company entered into a partnership with Petronas in 2022 and has completed two seasons with 80 per cent wins across different race formats. The partnership would also focus on introducing co-branded merchandise. "TVS Motosoul is a platform that offers a complete

TVS Motor November sales: Total sales up 31% YoY to 364,231 units

TVS sold a total of 16,872 units of electric two-wheelers in November 2023 as against 10,056 units sold in November 2022

Auto major TVS Motor introduces NEO AMI 125 scooter in African market

The company has business in more than 80 countries which include geographies of Asia, Africa, and Latin America. Last week, the company announced its entry into the European market as well

TVS Motor onboards ION Mobility to enter sports scooter sector in Indonesia

TVS Motor Company on Wednesday announced it is extending collaboration with Singapore-based tech startup ION Mobility for its entry in the sports scooter segment in Indonesia. The entry will be through Project Dynamo, ION Mobility's conceptual adaptation of TVS Motor's premium flagship crossover electric two-wheeler TVS X. The two partners will deepen their collaboration through Project Dynamo, which began in February 2023 after TVS Motor led ION Mobility's USD 18.7-million Series A funding as a strategic investor. "After successfully introducing its M1-S electric motorcycle, ION Mobility will enter the sports scooter market segment by unveiling Project Dynamo at the Indonesia Motorcycle Show," TVS Motor said in a release. The five-day Indonesia Motorcycle Show (IMOS) commences on Wednesday in Jakarta. Through this project, ION aims to capture the needs of Indonesian riders who prioritise performance and speed while improving upon the advantages of efficient and environment-friend

TVS September sales: Total sales up 6% at 402,553 units; exports up 8% YoY

Motorcycle sales for the company went up 10 per cent with TVS selling 169,322 units in September 2022 to 186,438 units in September 2023