Congress leader Rahul Gandhi on Friday said two-wheeler manufacturers Bajaj, Hero and TVS were doing well in Colombia and asserted that it shows Indian companies can win with innovation, not cronyism. Gandhi, who is in Colombia during his four-nation tour of South America, posted a picture on X standing in front of a Bajaj Pulsar motorcycle. "Proud to see Bajaj, Hero & TVS do so well in Colombia. Shows Indian companies can win with innovation, not cronyism. Great job," the Leader of Opposition in the Lok Sabha said. Speaking at a seminar titled 'The Future is Today' at the EIA University in Medellin, Colombia, Gandhi had slammed the idea of three or four businesses taking over the whole economy. During the seminar on Wednesday, Gandhi said India has a much more complex system as compared to China and its strengths are very different from that of the neighbouring country. India also has a very old spiritual tradition and a thought system with profound ideas that are useful in ...
TVS Motor's stock is expected to gain further with GST rate cuts, premiumisation, new scooter launches, and robust sales momentum in domestic and export markets
TVS has come a long way from being just a strong domestic manufacturer. The company's two-wheeler exports grew significantly by 22.8 per cent in FY25, reaching 1.09 million units
TVS Motor Company on Monday said it has inked a pact with leasing and asset management company ALT Mobility to deploy 3,000 electric three-wheelers this fiscal year. As part of the collaboration, TVS will provide vehicles, while ALT Mobility will procure, lease, and finance them through its ecosystem. The models, variants, and specifications will be jointly finalised to best serve customer needs, and the vehicles will be rolled out through TVS Motor's extensive network of authorised dealers and ALT's point of sales across India, the company said in a statement. The vehicles will be deployed under ALT's drive-to-own leasing model to individual drivers and fleet operators for cargo and passenger transportation, it added. "This collaboration with ALT Mobility is a significant step towards enabling sustainable urban and last-mile mobility at scale," TVS Motor Company Business Head --Commercial Mobility Rajat Gupta said. Anuj Gupta, Co-founder & CBO, ALT Mobility, said partnering with
TVS Motor has invested Rs 100 crore in its NTorq 150 Hyper Sport Scooter, aiming to capture festive-season demand and consolidate its position in the premium scooter market
Among companies, Maruti Suzuki is expected to gain market share with new SUV launches and a revival in first-time buyers, prompting the brokerage to raise its target from ₹14,262 to ₹18,360.
Stocks to watch on Tuesday, September 9: | TVS Motor Company: To pass on full benefit of GST rate cut across its ICE vehicle portfolio, effective September 22.
Nomura expects the GST cut to spark a volume surge of 5-10 per cent across categories, with passenger vehicles (PVs) and two-wheelers leading the growth.
The GST rate hike on motorcycles above 350 cc to 40% may lead to a sales spike before September 22 but could affect long-term plans of premium manufacturers like Bajaj Auto, Hero MotoCorp, TVS Motor
TVS Motor launches the Ntorq 150, India's first 'hyper sport scooter', marking its entry into the high-capacity scooter market with advanced features, performance enhancements, and a 149.7cc engine
Stronger rural demand, festive inventory build-up and GST cut optimism are boosting sentiment on two-wheeler stocks, though valuations now near long-term averages
Maruti Suzuki's volumes dipped marginally by 0.6 per cent Y-o-Y to 181,000 units, with export growth of 40.5 per cent Y-o-Y offset by a 7.5 per cent drop in domestic sales.
Firm launches new EV scooter Orbiter for ₹99,900
TVS Motor Company aims to consolidate its leadership in the Indian electric two-wheeler market and is looking to address evolving customer needs with the launch of its third offering, TVS Orbiter, senior company officials said on Thursday. The company launched its new electric scooter TVS Orbiter at Rs 99,900 (ex-showroom, inclusive of PM e-Drive scheme, Bengaluru). With six lakh happy EV riders, along with one of the largest sales and service networks across the country, TVS Motor is now the number one EV manufacturer in India, TVS Motor Company Senior Vice-President, Head Commuter and EV Business, Aniruddha Haldar said in a virtual launch of the new product. "This has happened across our marquee brands like TVS iQube and TVS X...," he added. Haldar further said, "We are committed to consolidating our leadership in the EV space, driving India's electric mobility journey with a strong foundation of trust and innovation. Guided by the evolving needs of our customers, the TVS Orbiter
Hero MotoCorp and TVS Motor crossed Rs 1,000 crore in R&D spend for the first time, as legacy OEMs accelerate innovation to compete with new-age EV players
Ralf Speth steps down as chairman; firm plans supply-chain diversification for key components
TVS Motor Company on Thursday expanded its electric commercial vehicle range with the introduction of a three-wheeler for the cargo segment. The company had forayed into the electric three-wheeler segment earlier this year with the launch of the King EV MAX to cater to the passenger segment. TVS King Kargo HD comes with a driving range of 156 km and is priced at Rs 3.85 lakh (ex-showroom). TVS Motor Company Head Commercial Mobility Business Rajat Gupta said the model would also be launched in CNG trim later this year. He noted that electric models are witnessing robust acceptance and the segment is likely to account for 60 per cent of the overall three-wheeler market by 2030. Gupta noted that EV models sold around 20,000 units last year, which is roughly 31 per cent of the overall 60,000-unit three-wheeler market. "As far as the cargo segment is concerned, around 10,000 units are getting sold each month, with diesel accounting for 50 per cent and EV and CNG accounting for 25 per
TVS Motors stock has broken out of a consolidation zone on the daily chart with a strong bodied bullish candle and higher than average traded volumes.
TVS Motor posts record Q1 sales and 32% profit growth; exports hit all-time high, standalone PBT and EBITDA margins also show strong improvement
TVS Motor Company on Thursday posted a 32 per cent year-on-year increase in its consolidated net profit to Rs 610 crore for the June quarter, aided by the highest-ever quarterly sales. The company reported a net profit of Rs 461 crore for the April-June quarter of last year. Total income increased to Rs 12,250 crore for the first quarter compared with Rs 10,355 crore in the year-ago period, TVS Motor Company said in a regulatory filing. During the first quarter of financial year 2025-26, the company registered the highest-ever quarterly sales, it stated. The overall two-wheeler and three-wheeler sales, including exports, grew by 17 per cent year-on-year, registering sales of 12.77 lakh units in the June quarter against 10.87 lakh units in the same period last fiscal, the company said. Motorcycle sales grew by 21 per cent year-on-year to 6.21 lakh units in the first quarter compared with 5.14 lakh units in the same period last year. Scooter sales for the June quarter grew by 19 pe