Page 11 - Tvs Motor

TVS Motor gains 3%, hits record high on healthy demand outlook

In the past one month, TVS Motor has outperformed the market by surging 13 per cent, as compared to 3.6 per cent rise in the S&P BSE Sensex and 7 per cent rally in the S&P BSE Auto index

TVS Motor announces launch of NTORQ 125 race edition in Philipppines

Two and three-wheeler maker TVS Motors on Monday announced the launch of the TVS NTORQ 125 Race Edition at the Makina Auto Show in Philippines. The vehicle comes with TVS SmartXonnect TM that lets the rider connect their smartphone to the scooter, unlocking a host of smart connected features. These can be accessed through an advanced, fully digital instrument cluster that is loaded with 60 plus features, a company release said. "Since the launch, TVS NTORQ 125 has been a favourite among Gen Z customers in the Philippines due to its striking appearance and connected features with TVS SmartXonnect TM," J Thangarajan, President Director, PT TVS Motor Company, Indonesia,was quoted as saying. He added, the launch of TVS NTORQ 125 has been received very well in Philippines. "The scooter has become an immediate favourite and we are sure the new Race Edition will further find acceptance from the customers seeking an element of thrill and performance," he added.

Two-wheel rides saddle up: Growth recovery, valuations to kick-start gains

Eicher hot on the trail of TVS, which is a top pick of most brokerages

Stocks to watch: HDFC Bank, NMDC, PVR, Lupin, Sunteck Realty, Tata Motors

Stocks to watch today: From HDFC to PVR, here are top stocks to watch in Thursday's trading session

TVS Motor records 1.97% decline in sales at 276,150 units in February

Two- and three-wheeler maker TVS Motor witnessed a 1.97 per cent decline in sales in February with sales of 2,76,150 units, the company said on Wednesday. The city-headquartered company had sold 2,81,714 units during the corresponding month of last year. Total two-wheeler sales in February 2023 marginally fell to 2,67,026 units from 2,67,625 units recorded in the same month of last year. Two-wheeler sales in the domestic market grew by 28 per cent to 2,21,402 units from 1,73,198 units sold in February 2022. Sales of motorcycles dropped to 1,26,243 units in February 2023 as compared to 1,43,523 units recorded in the same month of last year. Scooter sales witnessed a 21 per cent jump by registering 1,04,825 units in February 2023 from 86,616 units sold in February 2022, the company said. On its electric vehicle business, TVS Motor said it recorded its highest ever sales of 15,522 units in February 2023 breaching the 15,000-mark as compared to 2,238 units sold in the corresponding m

TVS Motor in talks with ADIA, Goldman, Carlyle for EV investment: Report

The $300 million to $350 million investment would value TVS at about $3 billion to $3.5 billion, likely making it India's most valuable EV two-wheeler manufacturer, ET said

TVS Motors increases market share in electric two-wheeler space

Automaker raises share to over 16% with 9,153 registrations in January

Stocks to Watch: Maruti, TVS Motor, Coffee Day, Indus Towers, SBI Card, IOC

Stocks to Watch: Bajaj Auto, Cipla, Dr.Reddy's, Tata Elxsi and Tata Motors are some of the prominent companies to announce Q3 results on Wednesday.

TVS Motor Q3 net up 28% to Rs 304 cr; EV sales surge 80% to 29,000 units

Operating EBITDA grows 16% to Rs 659 crore, EBITDA margin flat at 10.1%

TVS Motor Q3 results: Profit rises 22% to Rs 353 crore on price hikes

TVS', which operates in 80 countries including South Africa, Argentina and Sri Lanka, revenue from operations rose to Rs 6,545 crore from Rs 5,706 crore

Sensex, Nifty50 end flat in a wobbly trade; Tata Motors, Maruti surge 3%

CLOSING BELL: Broader markets, too, turned tepid as Nifty MidCap 100 and Nifty SmallCap 100 indices declined up to 0.3 per cent

TVS Motor sales decline 3.6% in December as motorcycles hit rough patch

Motorcycle sales dipped by 6.7% to 124,705 units in Dec 2022; iQube electric sales provide silver lining, rise 10-fold YoY

Auto aftermarket firm myTVS raises Rs 203 cr in funding from Lingotto

Company earlier got Rs 487 cr from Castrol India for business and technology collaborations

Move to block Rs 1,100 crore subsidy for EV players arbitrary, says SMEV

Manufacturers had already been passed on subsidy amounts to customers, can't sustain any further and are planning go stop operations

TVS Motor's Singapore arm to acquire EV related tech, assets in Germany

TVS Motor Company on Friday said its Singapore-based subsidiary has inked a pact to acquire Electric Vehicle (EV) related technology and assets in Germany. The company, through its wholly-owned subsidiary TVS Motor (Singapore) Pte Ltd (TVSM Singapore) has signed an agreement to acquire the assets, TVS Motor Company said in a statement. TVS Singapore will be acquiring the assets through its subsidiary BBT Vermogensverwaltungs GmbH (name proposed to be changed to Celerity Motor GmbH), it added. The purchase will help strengthen the company's expansion in the electric two-wheeler market globally, TVS Motor said. The company, however, did not disclose financial details.

TaMo, M&M: Price rise unlikely to put auto stocks in top gear, charts show

Automobile stocks like Tata Motor, M&M, HeroMoto Corp, and TVS motors need to cross significant hurdle to rally further

Sensex down 208 pts, Nifty below 18,650 day head of RBI decision; PSBs gain

CLOSING BELL: Among sectors, the Nifty IT index fell 1.5 per cent, while the Nifty PSU Bank index gained 1.2 per cent

TVS Motor Company promoter entity sells 2.56 million for Rs 262 cr

A promoter entity of TVS Motor Company on Monday offloaded 25.69 lakh shares of the company for Rs 262 crore through an open market transaction. According to the bulk deal data available with the BSE, Srinivasan Trust sold 25,69,726 shares, amounting to 0.54 per cent stake in the company. The shares were disposed of at an average price of Rs 1,020.03 per scrip, taking the transaction value to Rs 262 crore. As of quarter ended September, Srinivasan Trust held 0.54 per cent stake in the company, shareholding data showed with the exchange. Shares of TVS Motor Company closed 3.01 per cent lower at Rs 1,017.75 per piece on BSE. In a separate transaction, Sequoia Capital India Investments IV, an affiliate of Sequoia Capital India sold shares of Go Fashions (India) Ltd for Rs 228 crore through an open market transaction. Sequoia Capital India Investments IV offloaded 20 lakh scrips of the company at an average price of Rs 1,140.14 per piece, taking the transaction value to Rs 228 crore,

TVS Motor dips 3% after 2.6 million shares change hands on BSE

At 09:15 am, around 2.6 million or 0.55 per cent holding of the company changed hands at the counter on the BSE, the exchange data shows.

E-scooter race: TVS, Bajaj all charged up, notch up 10K registrations

The two key incumbent players, TVS Motors and Bajaj Auto, now account for around 15 per cent share of registrations in the month of November