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Temasek leads $140 million Ola Electric funding at $5.4 billion valuation Singapore's investment firm Temasek led a $140 million funding round in India's Ola Electric at a valuation of $5.4 billion, two sources with the direct knowledge said, the latest funding for the e-scooter maker before its initial public offering. The investment round has been closed and Ola will be receiving the funds within a week's time, though there will be another round of fund raising before it files papers for an up to $1 billion IPO planned for late 2023, said the first...
Temasek leads $140 million Ola Electric funding at $5.4 billion valuation
Temasek leads $140 million Ola Electric funding at $5.4 billion valuation
Source: Reuters
7/09/2023 2:39:59 PM
TVS Motor Company rises on launching TVS Apache RTR 310 TVS Motor Company is currently trading at Rs. 1484.20, up by 6.20 points or 0.42% from its previous closing of Rs. 1478.00 on the BSE. The scrip opened at Rs. 1485.30 and has touched a high and low of Rs. 1485.65 and Rs. 1476.40 respectively. So far 3401 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1483.65 on 07-Sep-2023 and a 52 week low of Rs. 968.00 on 20-Jan-2023. Last one week high and low of the scrip s...
TVS Motor Company rises on launching TVS Apache RTR 310
TVS Motor Company rises on launching TVS Apache RTR 310
Source: Accord Fintech
7/09/2023 11:30:37 AM
TVS Motor Company inches up on reporting 4% rise in total sales during August 2023 TVS Motor Company is currently trading at Rs. 1456.40, up by 1.80 points or 0.12% from its previous closing of Rs. 1454.60 on the BSE. The scrip opened at Rs. 1456.05 and has touched a high and low of Rs. 1469.30 and Rs. 1453.20 respectively. So far 1344 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1,469.30 on 04-Sep-2023 and a 52 week low of Rs. 968.00 on 20-Jan-2023. Last one week high and low of the scrip ...
TVS Motor Company inches up on reporting 4% rise in total sales during August 2023
TVS Motor Company inches up on reporting 4% rise in total sales during August 2023
Source: Accord Fintech
4/09/2023 9:39:51 AM
TVS Motor Company rides high on launching revolutionary premium electric crossover `TVS X` TVS Motor Company is currently trading at Rs. 1375.30, up by 19.85 points or 1.46% from its previous closing of Rs. 1355.45 on the BSE. The scrip opened at Rs. 1365.00 and has touched a high and low of Rs. 1382.90 and Rs. 1354.20 respectively. So far 28657 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1400.55 on 26-Jul-2023 and a 52 week low of Rs. 930.00 on 29-Aug-2022. Last one week high and low of the scrip...
TVS Motor Company rides high on launching revolutionary premium electric crossover `TVS X`
TVS Motor Company rides high on launching revolutionary premium electric crossover `TVS X`
Source: Accord Fintech
24/08/2023 1:43:41 PM
TVS Motor Company catches speed on launching TVS Raider Super Squad Editi TVS Motor Company is currently trading at Rs. 1354.35, up by 5.50 points or 0.41% from its previous closing of Rs. 1348.85 on the BSE. The scrip opened at Rs. 1350.15 and has touched a high and low of Rs. 1361.00 and Rs. 1343.25 respectively. So far 11488 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1400.55 on 26-Jul-2023 and a 52 week low of Rs. 926.35 on 23-Aug-2022. Last one week high and low of the scrip ...
TVS Motor Company catches speed on launching TVS Raider Super Squad Editi
TVS Motor Company catches speed on launching TVS Raider Super Squad Editi
Source: Accord Fintech
11/08/2023 3:05:24 PM
TVS Motor Company trades higher on reporting 4% rise in total sales during July 2023 TVS Motor Company is currently trading at Rs. 1372.55, up by 2.40 points or 0.18% from its previous closing of Rs. 1370.15 on the BSE. The scrip opened at Rs. 1370.95 and has touched a high and low of Rs. 1396.00 and Rs. 1362.80 respectively. So far 33322 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1400.55 on 26-Jul-2023 and a 52 week low of Rs. 916.80 on 02-Aug-2022. Last one week high and low of the scrip ...
TVS Motor Company trades higher on reporting 4% rise in total sales during July 2023
TVS Motor Company trades higher on reporting 4% rise in total sales during July 2023
Source: Accord Fintech
2/08/2023 2:41:28 PM
TVS Motor Company shines on reporting 49% rise in Q1 consolidated net profit TVS Motor Company is currently trading at Rs. 1367.00, up by 60.50 points or 4.63% from its previous closing of Rs. 1306.50 on the BSE. The scrip opened at Rs. 1343.95 and has touched a high and low of Rs. 1385.25 and Rs. 1313.25 respectively. So far 84002 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1385.25 on 25-Jul-2023 and a 52 week low of Rs. 837.25 on 27-Jul-2022. Last one week high and low of the scrip...
TVS Motor Company shines on reporting 49% rise in Q1 consolidated net profit
TVS Motor Company shines on reporting 49% rise in Q1 consolidated net profit
Source: Accord Fintech
25/07/2023 12:25:52 PM
India`s TVS Motor beats Q1 profit view on two-wheeler demand India's TVS Motor reported a bigger-than-expected rise in first-quarter profit on Monday, helped by strong demand for its two-wheelers, including its flagship electric scooter. The Apache motorbike maker reported a near 46% jump in profit to 4.68 billion rupees ($57.2 million) for the quarter ended June 30, beating analysts' average estimate of 4.36 billion rupees, according to Refinitiv IBES data. TVS Motor, which exports two-wheelers to Asia, Africa and America, said its reven...
India`s TVS Motor beats Q1 profit view on two-wheeler demand
India`s TVS Motor beats Q1 profit view on two-wheeler demand
Source: Reuters
24/07/2023 4:19:38 PM
Harley-Davidson, Triumph in first gear of challenge to Royal Enfield`s India reign U.S. big-bike maker Harley-Davidson and British rival Triumph have revved up India's premium motorcycle market with aggressively priced models that analysts said could dent the over half-century dominance of local champion Royal Enfield. The duo surprised the industry this month by unveiling their cheapest models globally in the largest motorbike market by sales, where their expensive imports have long struggled for market share. This time, they are making the bikes in India with domes...
Harley-Davidson, Triumph in first gear of challenge to Royal Enfield`s India reign
Harley-Davidson, Triumph in first gear of challenge to Royal Enfield`s India reign
Source: IANS
23/07/2023 4:53:11 PM
TVS Motor Company rides high on collaborating with Zomato TVS Motor Company is currently trading at Rs. 1318.15, up by 12.90 points or 0.99% from its previous closing of Rs. 1305.25 on the BSE. The scrip opened at Rs. 1301.05 and has touched a high and low of Rs. 1331.40 and Rs. 1297.30 respectively. So far 46035 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1384.55 on 12-Jun-2023 and a 52 week low of Rs. 793.50 on 28-Jun-2022. Last one week high and low of the scrip...
TVS Motor Company rides high on collaborating with Zomato
TVS Motor Company rides high on collaborating with Zomato
Source: IANS
28/06/2023 3:27:30 PM
TVS Motor moves up as its arm to acquire additional 25% stake in Swiss E-Mobility Group TVS Motor Company is currently trading at Rs. 1346.95, up by 9.70 points or 0.73% from its previous closing of Rs. 1337.25 on the BSE. The scrip opened at Rs. 1362.10 and has touched a high and low of Rs. 1384.55 and Rs. 1344.00 respectively. So far 50550 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1,384.55 on 12-Jun-2023 and a 52 week low of Rs. 723.15 on 20-Jun-2022. Last one week high and low of the scrip...
TVS Motor moves up as its arm to acquire additional 25% stake in Swiss E-Mobility Group
TVS Motor moves up as its arm to acquire additional 25% stake in Swiss E-Mobility Group
Source: Accord Fintech
12/06/2023 10:43:20 AM
TVS Motor Company spurts on reporting 9% rise in total sales during May 2023 TVS Motor Company is currently trading at Rs. 1297.50, up by 25.75 points or 2.02% from its previous closing of Rs. 1271.75 on the BSE. The scrip opened at Rs. 1291.90 and has touched a high and low of Rs. 1301.75 and Rs. 1284.15 respectively. So far 10964 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1316.80 on 31-May-2023 and a 52 week low of Rs. 716.45 on 07-Jun-2022. Last one week high and low of the scrip...
TVS Motor Company spurts on reporting 9% rise in total sales during May 2023
TVS Motor Company spurts on reporting 9% rise in total sales during May 2023
Source: Accord Fintech
2/06/2023 10:45:14 AM
TVS Motor hikes prices of Electric Vehicle scooter by Rs 17,000 - Rs 22,000 Two and three-wheeler maker TVS Motor Company Ltd has hiked the price of its electric two-wheeler between Rs 17,000 - Rs 22,000 depending on the variant. The price hike on its electric two-wheeler iQube is effective from Thursday (June 1) following the revision in the central government's FAME II subsidy scheme. The company said it will offer a loyalty benefit programme for the customers of iQube who had made bookings till May 20 for a limited period to ease the cost burden post the...
TVS Motor hikes prices of Electric Vehicle scooter by Rs 17,000 - Rs 22,000
TVS Motor hikes prices of Electric Vehicle scooter by Rs 17,000 - Rs 22,000
Source: IANS
1/06/2023 4:40:40 PM
Buy TVS MOTOR For Target Rs.1169 - ICICI Securities TVS Motor’s (TVSL) Q4FY23 EBITDA margin at 10.3% (up 22bps QoQ) was in line with consensus estimates. EBITDA per vehicle rose 4% QoQ to Rs7.8k led by: i) ~2% higher ASP due to 1% blended price hike taken, and ii) better mix due to higher share of premium models and iQube. Export retails have been better than export wholesales of 75k unit a month, indicating that the inventory correction phase is largely over. We therefore expect export volumes to pick up gradually ahead in coming months...
Buy TVS MOTOR For Target Rs.1169 - ICICI Securities
Buy TVS MOTOR For Target Rs.1169 - ICICI Securities
Source: ICICI Securities Ltd
17/05/2023 3:02:27 PM
India's Eicher Motors beats Q4 profit view as demand for two-wheelers spike BENGALURU - India's Eicher Motors, the maker of Royal Enfield motorcycles, posted a bigger-than-expected 48% jump in fourth-quarter profit on Thursday, helped by higher sales as demand for two-wheelers picked up. The company's consolidated net profit rose to 9.06 billion rupees ($111 million) in the quarter ended March 31, from 6.10 billion rupees a year earlier. Analysts, on average, had expected a profit of 7.96 billion rupees, according to Refinitiv data. Since the st...
India's Eicher Motors beats Q4 profit view as demand for two-wheelers spike
India's Eicher Motors beats Q4 profit view as demand for two-wheelers spike
Source: Reuters
11/05/2023 6:50:42 PM
South Korea`s Hyundai to invest $2.45 billion in Indian state South Korea's Hyundai Motor Co said on Thursday it will invest 200 billion rupees ($2.45 billion) in the southern Indian state of Tamil Nadu over the next 10 years, to beef up electric vehicle production in the world's most populous country. Tamil Nadu is a hub for automobile manufacturing with the likes of Ashok Leyland, TVS Motor, Hyundai and Renault-Nissan making thousands of two- and four-wheelers every year. Hyundai, through its Indian subsidiary Hyundai Motor India, w...
South Korea`s Hyundai to invest $2.45 billion in Indian state
South Korea`s Hyundai to invest $2.45 billion in Indian state
Source: Reuters
11/05/2023 1:00:36 PM
Weekly Tech Picks: Cholamandalam Financial Holdings Ltd, NOCIL Ltd, TVS Motor Company Ltd & Astral Ltd By Axis Securities Cholamandalam Financial Holdings Ltd. • CHOLAHLDNG on the weekly chart has decisively broken out above the “Falling Channel” pattern at 650 level with strong bullish candle indicating positive bias. • The breakout is accompanied with an increase in volume confirming participation at breakout level • Stock holds above 50% Fibonacci Retracement of a rally from 225-762 placed at 491 forming a medium term support zone. • The weekly strength indicator RS...
Weekly Tech Picks: Cholamandalam Financial Holdings Ltd, NOCIL Ltd, TVS Motor Company Ltd & Astral Ltd By Axis Securities
Weekly Tech Picks: Cholamandalam Financial Holdings Ltd, NOCIL Ltd, TVS Motor Company Ltd & Astral Ltd By Axis Securities
Source: Axis Securities Ltd
8/05/2023 11:19:45 AM
Add TVS MOTOR For Target Rs.1,311 - Yes Securities Ltd Valuation and View- Market share gains to persist TVSL 4QFY23 were in-line operationally with EBITDA margins of 10.3% (+20bp QoQ and YoY) is resilient given overall volumes were flat QoQ coupled with weak exports and increased EV contribution. Realizations increased for 4 the consecutive quarter at Rs75.2k/unit, led by favorable mix and price hikes. Going ahead, QoQ margins expansion will be contingent upon RM softening and operating leverage as EV share would continue to increase. Price ...
Add TVS MOTOR For Target Rs.1,311 - Yes Securities Ltd
Add TVS MOTOR For Target Rs.1,311 - Yes Securities Ltd
Source: Yes Securities Ltd
6/05/2023 12:11:15 PM
Neutral TVS MOTOR For Target Rs.1060 - Motilal Oswal Financial Services Ltd * TVS Motor Company (TVSL)’s operating performance was in line in 4QFY23. TVSL posted the highest ever EBITDA margin at 10.3% (+20bp QoQ; in line). This is likely to remain stable in the coming quarter as moderate increase in RM prices in 1QFY24 should be offset by ~2% price hike (including 1% against OBD-2 related cost). * We retain our FY24E/FY25E EPS. Reiterate Neutral with a TP of ~INR1,060 (based on ~20x Mar’25E EPS + INR69/sh for the NBFC). Mix and price hikes result i...
Neutral TVS MOTOR For Target Rs.1060 - Motilal Oswal Financial Services Ltd
Neutral TVS MOTOR For Target Rs.1060 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
5/05/2023 12:45:30 PM
India's TVS Motor posts 50% jump in Q4 profit as scooter demand surge TVS Motor Co Ltd reported a near-50% jump in quarterly profit on Thursday, as people bought more of its scooters and electric two-wheelers even after Indian manufacturers raised product prices. The company's profit climbed to 4.1 billion rupees ($50.17 million) for the quarter ended March 31, from 2.75 billion rupees, a year earlier. Analysts said higher prices helped drive its profits. Corporate India ranging from Maggi instant noodles-maker Nestle India and two wheeler-seller Baja...
India's TVS Motor posts 50% jump in Q4 profit as scooter demand surge
India's TVS Motor posts 50% jump in Q4 profit as scooter demand surge
Source: Reuters
4/05/2023 6:46:20 PM
TVS Motor Company gains on reporting marginal rise in total sales during April TVS Motor Company is currently trading at Rs. 1143.00, up by 5.90 points or 0.52% from its previous closing of Rs. 1137.10 on the BSE. The scrip opened at Rs. 1142.05 and has touched a high and low of Rs. 1147.70 and Rs. 1138.55 respectively. So far 1000 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1184.45 on 19-Apr-2023 and a 52 week low of Rs. 589.10 on 12-May-2022. Last one week high and low of the scrip s...
TVS Motor Company gains on reporting marginal rise in total sales during April
TVS Motor Company gains on reporting marginal rise in total sales during April
Source: Accord Fintech
2/05/2023 9:53:44 AM
TVS Motor Company gains as its arm planning to acquire 25% stake in Killwatt GmbH TVS Motor Company is currently trading at Rs. 1089.00, up by 4.60 points or 0.42% from its previous closing of Rs. 1084.40 on the BSE. The scrip opened at Rs. 1085.15 and has touched a high and low of Rs. 1099.15 and Rs. 1083.60 respectively. So far 4782 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1177.00 on 19-Oct-2022 and a 52 week low of Rs. 589.10 on 12-May-2022. Last one week high and low of the scrip s...
TVS Motor Company gains as its arm planning to acquire 25% stake in Killwatt GmbH
TVS Motor Company gains as its arm planning to acquire 25% stake in Killwatt GmbH
Source: Accord Fintech
5/04/2023 10:30:47 AM
TVS Motor gains on reporting growth of 3% in March sales TVS Motor Company is currently trading at Rs. 1094.60, up by 17.20 points or 1.60% from its previous closing of Rs. 1077.40 on the BSE. The scrip opened at Rs. 1075.00 and has touched a high and low of Rs. 1097.90 and Rs. 1075.00 respectively. So far 17966 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1177.00 on 19-Oct-2022 and a 52 week low of Rs. 589.10 on 12-May-2022. Last one week high and low of the scrip...
TVS Motor gains on reporting growth of 3% in March sales
TVS Motor gains on reporting growth of 3% in March sales
Source: Accord Fintech
3/04/2023 12:14:30 PM
Buy TVSMOTOR For Target Rs.1140 - Religare Broking TVSMOTOR * TVSMOTOR has been among the best-performing stock in the two-wheeler space. * It has hardly retraced from its record high while others are reeling under tremendous pressure. * Looks set for a recovery, after forming a base around 100 EMA. * We thus suggest initiating fresh longs as per the given levels. BUY TVS Motor Ltd CMP 1079.20  Range:1070-1075  SL:1045 Target:1140   To Read Complete Report & Disclaimer Click...
Buy TVSMOTOR For Target Rs.1140 - Religare Broking
Buy TVSMOTOR For Target Rs.1140 - Religare Broking
Source: Religare Broking Ltd
31/03/2023 10:34:01 AM
TVS Motor Company rides high on launching seven new products in Ghana TVS Motor Company is currently trading at Rs. 1052.30, up by 10.55 points or 1.01% from its previous closing of Rs. 1041.75 on the BSE. The scrip opened at Rs. 1040.00 and has touched a high and low of Rs. 1055.00 and Rs. 1031.05 respectively. So far 8068 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1177.00 on 19-Oct-2022 and a 52 week low of Rs. 589.10 on 12-May-2022. Last one week high and low of the scrip ...
TVS Motor Company rides high on launching seven new products in Ghana
TVS Motor Company rides high on launching seven new products in Ghana
Source: Accord Fintech
27/03/2023 1:22:39 PM
TVS Motor Company gains on raising Rs 125 crore through NCDs TVS Motor Company is currently trading at Rs. 1049.55, up by 5.10 points or 0.49% from its previous closing of Rs. 1044.45 on the BSE. The scrip opened at Rs. 1050.00 and has touched a high and low of Rs. 1056.25 and Rs. 1045.55 respectively. So far 2701 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1177.00 on 19-Oct-2022 and a 52 week low of Rs. 586.80 on 15-Mar-2022. Last one week high and low of the scrip s...
TVS Motor Company gains on raising Rs 125 crore through NCDs
TVS Motor Company gains on raising Rs 125 crore through NCDs
Source: Accord Fintech
15/03/2023 11:08:54 AM
TVS Motor trades marginally higher despite logging 1.98% fall in February sales TVS Motor Company is currently trading at Rs. 1064.60, up by 1.80 points or 0.17% from its previous closing of Rs. 1062.80 on the BSE. The scrip opened at Rs. 1054.55 and has touched a high and low of Rs. 1065.20 and Rs. 1050.00 respectively. So far 9547 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1177.00 on 19-Oct-2022 and a 52 week low of Rs. 513.00 on 07-Mar-2022. Last one week high and low of the scrip s...
TVS Motor trades marginally higher despite logging 1.98% fall in February sales
TVS Motor trades marginally higher despite logging 1.98% fall in February sales
Source: Accord Fintech
2/03/2023 11:54:19 AM
India's TVS in talks with ADIA, Goldman, Carlyle for EV investment India's TVS Motor Co Ltd is in talks with Abu Dhabi Investment Authority (ADIA), Goldman Sachs Group Inc and Carlyle Group Inc for an investment in its electric vehicle (EV) arm, the Economic Times reported on Wednesday. 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, citing people with knowledge of the matter. Due diligence is currently underway, the rep...
India's TVS in talks with ADIA, Goldman, Carlyle for EV investment
India's TVS in talks with ADIA, Goldman, Carlyle for EV investment
Source: Reuters
15/02/2023 11:46:42 AM
Top players showcase next gen EV models at Hyderabad E-Motor Show Top automotive players are showcasing their next gen electric vehicle models at the inaugural Hyderabad E-Motor Show, which began here on Wednesday. Leading automobile/component brands including Apollo, Mahindra, Amara Raja, Citroen, TVS, ETO Motors, Ola, MG Motor, Switch Mobility, Piaggio, BYD, Hyundai, and ZF among others are participating in the three day show at Hitex Exhibition Centre. Telangana Industries and Commerce Minister K.T. Rama Rao inaugurated the E-Motor Show organised a...
Top players showcase next gen EV models at Hyderabad E-Motor Show
Top players showcase next gen EV models at Hyderabad E-Motor Show
Source: IANS
9/02/2023 10:51:41 AM
`Three As drive EV adoption worldwide and in India` Three A's - affordability, availability and acceptance - are driving the growth of electric vehicles (EV) globally and in India, said Emkay Global Financial Services in a report. According to the report, the benign government policy has increased the affordability quotient with reducing input costs. Advancement in availability is on account of increase in EV model options for customers and expansion of the charging/manufacturing ecosystem. And customer acceptance is enhancing owing ...
`Three As drive EV adoption worldwide and in India`
`Three As drive EV adoption worldwide and in India`
Source: IANS
8/02/2023 10:31:01 AM
Buy TVS Motors Ltd For Target Rs. 1,350 - Anand Rathi Share and Stock Brokers Gradual recovery in rural sales, iQube ramping up; maintaining a Buy For TVS Motors, 2W off-take turned tepid in the quarter. Management talked of a gradual recovery in rural markets and, finance penetration having improved, augurs well for a recovery. Semi-conductor shortages have begun normalising and we expect demand for premium motorcycles and scooters to improve. iQube volumes have substantially improved since its introduction and would further improve as the company plans to penetrat...
Buy TVS Motors Ltd For Target Rs. 1,350 - Anand Rathi Share and Stock Brokers
Buy TVS Motors Ltd For Target Rs. 1,350 - Anand Rathi Share and Stock Brokers
Source: Anand Rathi Share and Stock Brokers Ltd
7/02/2023 11:18:02 AM
TVS Motor Company jumps as its arm to acquire stake in Ion Mobility TVS Motor Company is currently trading at Rs. 1018.30, up by 16.55 points or 1.65% from its previous closing of Rs. 1001.75 on the BSE. The scrip opened at Rs. 1004.00 and has touched a high and low of Rs. 1018.60 and Rs. 999.50 respectively. So far 9416 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1177.00 on 19-Oct-2022 and a 52 week low of Rs. 513.00 on 07-Mar-2022. Last one week high and low of the scrip s...
TVS Motor Company jumps as its arm to acquire stake in Ion Mobility
TVS Motor Company jumps as its arm to acquire stake in Ion Mobility
Source: Accord Fintech
3/02/2023 12:01:42 PM
Buy TVS Motor Ltd For Target Rs 1,225 JM Financial Institutional Securities Resilient performance; credible EV strategy at play  In 3QFY23, TVS Motor (TVSL) reported EBITDA margin of 10.1% (+10bps YoY, -10bps QoQ), c.50bps below JMFe. Management expects demand recovery going ahead on the back of improving rural demand and EV product launches. Affordability and currency related challenges remain near-term headwinds for exports but management is cautiously optimistic and expects to outperform industry growth. We expect TVSL’s outperformance will continue ...
Buy TVS Motor Ltd For Target Rs 1,225 JM Financial Institutional Securities
Buy TVS Motor Ltd For Target Rs 1,225 JM Financial Institutional Securities
Source: IANS
26/01/2023 10:48:19 AM
TVS Motors Ltd : Gradual recovery in rural sales, iQube ramping up; maintaining a Buy - Anand Rathi Share and Stock Brokers Buy IndiaMart InterMesh Ltd For Target Rs.5,500 IndiaMart’s Q3 FY23 revenue grew 33.7% y/y, 4.5% q/q to Rs2.51bn (org. 28.1% y/y, 4.8% q/q), largely because of 6,263 paid suppliers added in the quarter, up 24.7% y/y, 3.3% q/q, to 194,000 now (156,000 a year ago and 188,000 the previous quarter). Deferred revenue grew 28.5% y/y, 3.2% q/q, to Rs10.15bn. Collections rose 28.1% y/y to Rs2.83bn. Management looks to add ~8,000 customers per quarter in the long term and aims at ~20% long-te...
TVS Motors Ltd : Gradual recovery in rural sales, iQube ramping up; maintaining a Buy - Anand Rathi Share and Stock Brokers
TVS Motors Ltd : Gradual recovery in rural sales, iQube ramping up; maintaining a Buy - Anand Rathi Share and Stock Brokers
Source: Anand Rathi Shares and Stock Brokers Ltd
25/01/2023 5:27:13 PM
TVS Motor Company surges on reporting 28% rise in Q3 consolidated net profit TVS Motor Company is currently trading at Rs. 1009.00, up by 22.80 points or 2.31% from its previous closing of Rs. 986.20 on the BSE. The scrip opened at Rs. 994.90 and has touched a high and low of Rs. 1019.80 and Rs. 994.65 respectively. So far 38353 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1177.00 on 19-Oct-2022 and a 52 week low of Rs. 513.00 on 07-Mar-2022. Last one week high and low of the scrip st...
TVS Motor Company surges on reporting 28% rise in Q3 consolidated net profit
TVS Motor Company surges on reporting 28% rise in Q3 consolidated net profit
Source: Accord Fintech
25/01/2023 10:56:21 AM
Auto stocks gain as industry expected to grow at high single-digit levels across segments in FY24 Selected auto stocks were trading higher on the BSE, as domestic credit ratings agency ICRA in its latest report has said the domestic automotive industry has seen a healthy revival in the current fiscal, aided by a recovery in economic activities and increased mobility, and is expected to grow at high single-digit levels across segments in FY24. It stated, category-wise, passenger and commercial vehicle volumes could see a growth of 6-9 per cent and 7-10 per cent, respectively, the two-wheel...
Auto stocks gain as industry expected to grow at high single-digit levels across segments in FY24
Auto stocks gain as industry expected to grow at high single-digit levels across segments in FY24
Source: Accord Fintech
19/01/2023 3:31:10 PM
Ethanol blending in petrol rose to 10.17% in 2022: Petroleum Minister Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri, inaugurated the 'Ethanol Pavilion' at the Auto Expo here, and said the ethanol blending in petrol was increased up to 10.17 per cent in 2022. The Maruti Suzuki and Toyota Kirloskar Motor, TVS, Hero MotoCorp, Bajaj Auto, Honda Motorcycle, Yamaha and Suzuki motorcycles are displaying their working prototype of flex-fuel vehicles at the pavilion and these vehicles can take a range of ethanol blends varying from 20-85 per...
Ethanol blending in petrol rose to 10.17% in 2022: Petroleum Minister
Ethanol blending in petrol rose to 10.17% in 2022: Petroleum Minister
Source: IANS
13/01/2023 3:53:30 PM
Neutral TVS Motor Company Ltd For Target Rs.1,000 - Motilal Oswal Financial Services Below est.; Wholesales down 4% YoY at 242k units 2W volumes declined 3% YoY, while 3W fell 8% YoY * TVSL’s wholesales declined 4% YoY to 242k units (v/s est.265.35k units). * 2W volumes fell 3% YoY at 227.7k units. Domestic 2Ws volumes grew 10% to 161.3k units. 2W export volumes decreased 25% YoY to 66.3k units. We estimate 2W FY23 volumes to grow 20% YoY, implying a residual decline of 24% or a monthly run rate of 360.1k units. * 3W volumes declined 8% YoY to 14.35k units (...
Neutral TVS Motor Company Ltd For Target Rs.1,000 - Motilal Oswal Financial Services
Neutral TVS Motor Company Ltd For Target Rs.1,000 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
3/01/2023 2:30:25 PM
Stock of the day: Buy TVS Motor Ltd For Target Rs.1130 By Religare Broking * We are seeing a mixed trend within the auto pack wherein TVS Motor is attracting noticeable traction. * It hardly retraced from its record high in the recent corrective phase and formed a strong base above medium term moving average i.e. 100 EMA around 1000 levels. * The price action combined with an uptick in volumes indicates the resumption of the trend. BUY TVS Motor Ltd CMP (Rs):1082.70  Range:1070-1080  SL:1050  Target:1130 Technical Chart...
Stock of the day: Buy TVS Motor Ltd For Target Rs.1130 By Religare Broking
Stock of the day: Buy TVS Motor Ltd For Target Rs.1130 By Religare Broking
Source: Religare Broking Ltd
29/12/2022 10:38:08 AM
TVS Motor rides high on launching TVS RR 310, TVS RTR 200 at Expo Moto in Mexico TVS Motor Company is currently trading at Rs. 1048.05, up by 8.30 points or 0.80% from its previous closing of Rs. 1039.75 on the BSE. The scrip opened at Rs. 1025.05 and has touched a high and low of Rs. 1050.00 and Rs. 1025.00 respectively. So far 33498 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1177.00 on 19-Oct-2022 and a 52 week low of Rs. 513.00 on 07-Mar-2022. Last one week high and low of the scrip ...
TVS Motor rides high on launching TVS RR 310, TVS RTR 200 at Expo Moto in Mexico
TVS Motor rides high on launching TVS RR 310, TVS RTR 200 at Expo Moto in Mexico
Source: Accord Fintech
16/12/2022 2:09:19 PM
TVS Motor Company rises on planning to launch Euro-5 two-wheelers in Turkey TVS Motor Company is currently trading at Rs. 1044.90, up by 7.45 points or 0.72% from its previous closing of Rs. 1037.45 on the BSE. The scrip opened at Rs. 1045.00 and has touched a high and low of Rs. 1048.00 and Rs. 1041.30 respectively. So far 10903 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1177.00 on 19-Oct-2022 and a 52 week low of Rs. 513.00 on 07-Mar-2022. Last one week high and low of the scrip ...
TVS Motor Company rises on planning to launch Euro-5 two-wheelers in Turkey
TVS Motor Company rises on planning to launch Euro-5 two-wheelers in Turkey
Source: Accord Fintech
14/12/2022 11:17:44 AM
India`s retail vehicle sales jumps 26% in November - FADA The festive and wedding season in India helped boost the country's total retail vehicles sales by 26% in November from a year ago, according to data from industry body Federation of Automobile Dealers Associations (FADA). Three-wheelers sales notched the biggest jump in November, FADA data showed, with sales surging 80%, followed by tractor sales, which grew 56.8%. Sales of commercial vehicles rose 32.8%, while the smallest gains were in two-wheelers and passenger vehicles, at 23.6%...
India`s retail vehicle sales jumps 26% in November - FADA
India`s retail vehicle sales jumps 26% in November - FADA
Source: Reuters
9/12/2022 12:48:19 PM
TVS Motor Company rises as its arm signs agreement to acquire EV-related technology, assets in Germany TVS Motor Company is currently trading at Rs. 1030.50, up by 4.70 points or 0.46% from its previous closing of Rs. 1025.80 on the BSE. The scrip opened at Rs. 1030.05 and has touched a high and low of Rs. 1040.75 and Rs. 1029.45 respectively. So far 15692 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1177.00 on 19-Oct-2022 and a 52 week low of Rs. 513.00 on 07-Mar-2022. Last one week high and low of the scrip ...
TVS Motor Company rises as its arm signs agreement to acquire EV-related technology, assets in Germany
TVS Motor Company rises as its arm signs agreement to acquire EV-related technology, assets in Germany
Source: Accord Fintech
9/12/2022 11:46:23 AM
TVS Motor inches up as its arm acquires 100% stake in German Company TVS Motor Company is currently trading at Rs. 1029.50, up by 4.15 points or 0.40% from its previous closing of Rs. 1025.35 on the BSE. The scrip opened at Rs. 1025.55 and has touched a high and low of Rs. 1035.50 and Rs. 1025.55 respectively. So far 3894 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1177.00 on 19-Oct-2022 and a 52 week low of Rs. 513.00 on 07-Mar-2022. Last one week high and low of the scrip s...
TVS Motor inches up as its arm acquires 100% stake in German Company
TVS Motor inches up as its arm acquires 100% stake in German Company
Source: Accord Fintech
8/12/2022 10:29:01 AM
India November auto sales: car, tractor, truck sales rise The festive season helped drive strong overall sales at most Indian automakers in November, with market leader Maruti Suzuki posting a 14.3% jump for the month. Auto sales numbers are keenly watched as they are among the key indicators for assessing private consumption, which has a more than 50% weightage in calculating the country's economic growth. India's inflation has remained at elevated levels well above the Reserve Bank of India's upper tolerance band of 6%, but has r...
India November auto sales: car, tractor, truck sales rise
India November auto sales: car, tractor, truck sales rise
Source: Reuters
1/12/2022 8:28:08 PM
TVS Motor rises on launching new 2023 TVS Apache RTR 160 4V Special Edition TVS Motor Company is currently trading at Rs. 1054.50, up by 14.65 points or 1.41% from its previous closing of Rs. 1039.85 on the BSE. The scrip opened at Rs. 1049.75 and has touched a high and low of Rs. 1066.05 and Rs. 1045.30 respectively. So far 23159 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1177.00 on 19-Oct-2022 and a 52 week low of Rs. 513.00 on 07-Mar-2022. Last one week high and low of the scrip...
TVS Motor rises on launching new 2023 TVS Apache RTR 160 4V Special Edition
TVS Motor rises on launching new 2023 TVS Apache RTR 160 4V Special Edition
Source: Accord Fintech
30/11/2022 12:01:27 PM
Stock Picks - Torrent Power Ltd And TVS Motors Ltd By ICICI Direct Torrent Power Ltd Buy Torrent Power Ltd @ 525.00-527.00 CMP 525.15 Stop Loss 520.70 Target 530.90/536.00   TVS Motors Ltd Buy TVS Motors Ltd @ 1058.00-1062 CMP 1048.45 Stop Loss 1070.30 Target 1049.70/1039.00   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number I...
Stock Picks - Torrent Power Ltd And TVS Motors Ltd By ICICI Direct
Stock Picks - Torrent Power Ltd And TVS Motors Ltd By ICICI Direct
Source: ICICI Direct
22/11/2022 11:52:38 AM
Amazon joins TVS Motor Company to scale electric vehicle mobility in India Amazon India and TVS Motor Company on Wednesday announced a collaboration on electric two and three-wheeler deployment, helping to further drive electric mobility in India. As part of this collaboration, a fleet of electric two-wheelers and three-wheelers from TVS Motor will be deployed for Amazon's last-mile deliveries. The two companies will also pilot TVS Motor's electric vehicle solutions through partner bases and delivery associates across the country. "This will su...
Amazon joins TVS Motor Company to scale electric vehicle mobility in India
Amazon joins TVS Motor Company to scale electric vehicle mobility in India
Source: IANS
9/11/2022 1:55:41 PM