Page 11 - Tvs Motor

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

TVS Motor sales increases marginally by 2% to 277,123 units in Nov

TVS Motor Company on Thursday said its sales increased by 2 per cent to 2,77,123 units in November. The company had dispatched 2,72,693 units in the year-ago period. The domestic two-wheeler sales registered a growth of 9 per cent increasing to 1,91,730 units last month as against 1,75,940 units previous year. The company said its total exports stood at 84,134 units last month as compared with 96,000 units in the same month last year.

Castrol to pick up 7.09% stake in TVS family's Ki Mobility for Rs 488 cr

With this deal, which is Castrol's largest all-cash transaction, the firm aims to expand its presence in service and maintenance of ICE vehicles and EVs

Stocks to Watch: PNB, Tube Investments, Indian Oil, Laurus Labs, SBI, Lupin

Stocks to Watch: Punjab National Bank (PNB) on Thursday said it received the government's approval to divest its entire stake (15.22 per cent) in UTI Asset Management Company

Amazon, TVS Motor announce arrangement to scale up EV deployment

Companies will examine using electric vehicle for the network and logistical requirements of Amazon business groups

Hero MotoCorp, Harley Davidson close in on motorcycle platform

This is part of the larger strategy to strengthen presence in the premium segment where rival Bajaj Auto and Royal Enfield have a stronghold and in which even TVS Motor Co is making rapid strides in

Varun Beverages, ABB, Page among six stocks that could become large-caps

They could replace Piramal Enterprises, Gland Pharma, Mphasis, Muthoot Finance, Bandhan Bank and Paytm, which may move to mid-cap space, reveals analysis by Brian Freitas of Periscope Analytics

TVS Motor Q2 net up 59% to Rs 373 cr amid slowdown, inflation roadblocks

Revenue from operations up 32% to Rs 8,561 cr; chip shortage hinders an even better show

TVS Motor reports lower-than-expected rise in Q2 profit at Rs 407 crore

Total expenses climbed 27.2% to Rs 66.71 billion

TVS Motor sales up by 2% in October, sells over 300,000 units

Domestic two-wheeler sales registered growth of 7 per cent increasing from 258,777 units in October 2021 to 275,934 units in October 2022

Global financial crisis not to hit India's logistics sector: TVS SCS

Firm's CEO K Sukumar indicates that the rise in domestic consumption and growth in end-user industries has insulated the sector from the meltdown

Pricing hurdle may hit Hero MotoCorp's entry into EV segment: Brokerages

Volume trajectory in the festive season is a key near-term trigger

TVS Motor unveils upgraded variants of Apache RTR 160, 180 cc motorcycles

Two and three wheeler maker TVS Motor has unveiled 2022 models of its flagship Apache range of motorcycles strengthening its product portfolio, the company said on Thursday. Upgraded with a host of features, the motorcycles are priced at Rs 1.17 lakh for the 160 cc (base variant) and Rs 1.30 lakh (ex-showroom New Delhi) for the 180 cc base variant. The power increased in the bikes have led to reduction in weight at two kilograms for the 160 cc bike and one kilogram in 180 cc motorcycle. "TVS Apache series has been built on the racing heritage of TVS Racing to bring superior products into the market that connect with our customers. The introduction of the 2022 range of TVS Apache RTR 160 and 180 is a testament to our commitment towards delighting the Apache community," TVS Motor Head-Business (Premium) Vimal Sumbly said. "These motorcycles will continue their legacy of offering class leading race technologies to transform performance biking and further strengthening our premiumisati

TVS Motor sales rise 13% in July to 314,639 units

TVS Motor Company on Monday reported a 13 per cent increase in total sales at 3,14,639 units in July. The company had posted a total sales of 2,78,855 units in the same month last year, TVS Motor Company said in a statement. Total two-wheelers sales were up 14 per cent at 2,99,658 units last month, as against sales of 2,62,728 units in July 2021, it added. Domestic two-wheeler sales stood at 2,01,942 units as compared to 1,75,169 units in the year-ago month, up 15 per cent, the company said. "The company has invested in strategic relationships and action plans for the supply of semiconductors and the efforts are yielding results with improvements seen this month as well," it said.

TVS Motor surges 10%, hits all-time high post strong June quarter results

In the past three months, the stock of TVS Motor outperformed the market as it surged 46 per cent, as compared to marginal 0.34 per cent rise in the S&P BSE Sensex.