The company had reported a total sales of 3,33,646 units in June 2024
With consistent policy support, investments in advanced technologies, and efforts to make EVs more accessible, the two-wheeler industry is poised to play a pivotal role in shaping India’s mobility future.
Demand expected to be robust which will lead to constant growth in revenue and margin.
Industry experts predict that 2025 will witness EV penetration across public transport, B2B fleets, and more.
Ola Electric continues to lead the market with nearly 24.5% market share in November
TVS Motor Q2FY25: Sales from operations came at Rs 9,228 crore for the September quarter as against Rs 8.142 crore a year ago
The motorcycle will be available in two variants and will offer three built to order (BTO) customisation options
Demand likely to remain strong, driven by the preference for personal mobility
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The top four OEMs in July remained unchanged, with Ola Electric in the leading position, followed by TVS Motor, Bajaj Auto, and Ather Energy
Norton announces plans for increased sales through sales partners in USA, Germany, France, Italy and India
The company, which posted its highest ever vehicle sales, revenue and net profit in FY24, has earmarked capex of about Rs 1,000 crore in FY25
The automaker will also launch TVS iQube ST, which will come in two variants - 3.4 kWh and 5.1 kWh, the latter being the largest battery pack in the segment.
All sectors except auto ended in the red. Nifty Auto gained 0.78 percent and was the biggest gainer while Nifty Energy was the biggest loser falling 2.97 percent. India VIX climbed to 18.2, its highest level since October 2022.
The Chennai-based two-wheeler manufacturer’s revenue from operations jumped by 24 percent to Rs 8,169 crore in Q4FY24
On the derivative front, long build up is clearly visible on TVS Motors as February future has surged by 4.08 percent and Open Interest has surged by nearly 9 percent. This uptick in OI reflects growing confidence among market participants in the stock's potential.
Among sectors, the oil & gas index closed 4 percent higher. Information technology, metal, realty and power indices up 1-2 percent, The banking index closed 0.5 percent down
With a solid product portfolio, strong market position, and a focus on electric vehicles, the company is expected to outperform the industry
Most of the sectors closed in the red. FMCG, bank, pharma and metal were down a percent each
The 2W segment has been facing several headwinds over the last three years
Venu, who is the daughter of TVS Motor chairman emeritus Venu Srinivasan, said her firm will be tapping on the engineering and R&D talent within Tamil Nadu
The rise in sales comes despite the reduction of the FAME subsidy from 40% to 15% in June of 2023
The homegrown two-wheeler manufacturer revealed that it would offer a range of scooters and underbone motorcycles, across multiple price points.
Among sectors, auto, capital goods, FMCG, pharma and realty were up 0.5 percent each, while the PSU bank index shed 2.5 percent and oil & gas was down 1.3 percent
TVS Motors stock has given a return of 34.45 percent over the last six months. The benchmark Nifty50 index has given a return 8.71 percent over the same duration.