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NSE:TVSMOTOR

13 stories mentioning NSE:TVSMOTORUpdated just now

Every FINWIRES story that references NSE:TVSMOTOR, newest first.

Asia

TVS Motor Launches TVS iQube Scooter in Kenya

TVS Motor (NSE:TVSMOTOR, BOM:532343) launched TVS iQube, its premium electric scooter, in Kenya, according to a press release posted with Business Wire on Thursday."The TVS iQube in Kenya marks our entry into the African EV market and reflects our continued focus on expanding innovative electric solutions across international markets," Peyman Kargar, President International Business at the company said.

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Asia

TVS Motor's Sales Jump 38% in July

TVS Motor Company (NSE:TVSMOTOR, BOM:532343) total sales jumped 38% to 629,675 units in July from 456,350 units a year ago, according to a Monday filing with the Indian stock exchanges.Two-wheeler sales also soared 38% year-on-year to 603,138 units, while three-wheeler sales jumped 51% to 26,537 units. Electric vehicle sales surged 158% to 60,934 units from 23,605 units a year ago.

BOM:532343NSE:TVSMOTOR
Asia

TVS Motor Unveils Doctor Doom-Themed Raider Super Squad Edition

TVS Motor (NSE:TVSMOTOR, BOM:532343) unveiled a Doctor Doom-themed variant of its Raider Super Squad Edition motorcycle featuring a multi-tone finish inspired by the Marvel character.The new Spectral Green edition will be priced at 95,320 Indian rupees (ex-showroom Delhi) and will be available at authorized TVS dealerships soon, according to an Indian bourse filing on Thursday.The Doctor Doom edition expands TVS Motor's Marvel-themed Raider lineup, which previously included variants inspired by Iron Man, Black Panther, Deadpool and Wolverine.Shares of the company rose over 1% in early trade on Friday.

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Asia

TVS Motor Raises Stake in TVS Credit Services to Over 85%

TVS Motor (NSE:TVSMOTOR, BOM:532343) has acquired 11.34 million equity shares, or a 4.39% stake, in subsidiary TVS Credit Services from Lucas-TVS for 7.11 billion Indian rupees.The acquisition increases TVS Motor's holding in TVS Credit Services to 85.15% from 80.76% on a fully diluted basis, according to an Indian bourse filing on Monday.The company said the transaction is intended to consolidate its stake in the subsidiary, streamline ownership and improve operational efficiencies.Shares of the company rose nearly 2% in recent trade.

BOM:532343NSE:TVSMOTOR
Asia

Nomura Adjusts TVS Motor's Price Target to INR4,594 From INR4,105, Keeps at Buy

TVS Motor (NSE:TVSMOTOR, BOM:532343) has an average rating of overweight and mean price target of 4,173.77 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:532343NSE:TVSMOTOR
Asia

TVS Motor Launches Orbiter Electric Scooter in Nepal

TVS Motor (NSE:TVSMOTOR, BOM:532343) launched its TVS Orbiter electric scooter in Nepal, according to a Thursday Indian bourse filing.The scooter has a 3.1 kWh battery, 158 km IDC range, cruise control, 34-litre boot space, hill hold assist, and other advanced features."The introduction of the TVS Orbiter in Nepal marks another significant milestone in our journey to expand the EV ecosystem across markets that are actively embracing sustainable mobility," Peyman Kargar, President of International Business at TVS Motor said.

BOM:532343NSE:TVSMOTOR
Asia

Jefferies Adjusts TVS Motor's Price Target to INR4,900 From INR4,500, Keeps at Buy

TVS Motor (NSE:TVSMOTOR, BOM:532343) has an average rating of overweight and mean price target of 4,059.61 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:532343NSE:TVSMOTOR
Asia

TVS Motor's Sales Jump 47% in June; Shares Up 4%

TVS Motor's (NSE:TVSMOTOR, BOM:532343) total sales jumped 47% to 590,003 units in June from 402,001 units a year ago, according to a Thursday filing with the Indian stock exchanges.Two-wheeler sales also soared 47% year-on-year to 565,417 units, while three-wheeler sales climbed 51% to 24,586 units. Electric vehicle sales more than tripled to 48,537 units from 14,400 units a year ago.For the fiscal first quarter ended June 30, the company registered its highest ever sales of 1.6 million units.Shares of the company jumped nearly 4% in recent trade.

BOM:532343NSE:TVSMOTOR
Asia

CARE Upgrades Rating on TVS Motor's Long-Term Bank Financing to AAA; Outlook Stable

CARE Ratings upgraded its rating on TVS Motor's (NSE:TVSMOTOR, BOM:532343) long-term bank facilities and non-convertible debentures to AAA from AA+.The rating agency affirmed A1+ rating on the automobile manufacturer's short-term bank financing and commercial paper, according to a Thursday filing with the Indian exchanges.The rating outlook is stable.Shares of the company jumped 4% in morning trade on Friday.

BOM:532343NSE:TVSMOTOR
Asia

TVS Motor's Sales Jump 31% in May

TVS Motor (NSE:TVSMOTOR, BOM:532343) total sales jumped 31% to 566,585 units in May from 431,275 units a year ago, according to a Monday filing with the Indian stock exchanges.Two-wheeler sales also soared 31% year-on-year to 543,111 units, while three-wheeler sales jumped 55% to 23,474 units.Electric vehicle sales increased 56% to 43,632 units.

BOM:532343NSE:TVSMOTOR
Asia

Nomura Adjusts TVS Motor's Price Target to INR4,105 From INR4,159, Keeps at Buy

TVS Motor (NSE:TVSMOTOR, BOM:532343) has an average rating of overweight and mean price target of 3,970.49 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:532343NSE:TVSMOTOR
Asia

TVS Motor's Consolidated Profit Climbs in Fiscal Q4

TVS Motor's (NSE:TVSMOTOR, BOM:532343) consolidated attributable profit rose to 7.72 billion Indian rupees in the fiscal fourth quarter ended March 31 from 6.48 billion rupees a year ago.Earnings per share climbed to 16.24 rupees from 13.64 rupees a year earlier, the automobile manufacturer said in a filing to the Indian stock exchanges on Wednesday.Revenue from operations in fiscal Q4 increased to 150.5 billion rupees from 115.4 billion rupees.The company's shares were down over 1% in recent trade.

BOM:532343NSE:TVSMOTOR
Asia

TVS Motor's Sales Rise 7% in April

TVS Motor's (NSE:TVSMOTOR, BOM:532343) total sales rose 7% to 473,970 units in April from 443,716 units a year ago, according to a Saturday filing with the Indian stock exchanges.Two-wheeler sales grew 6% year-on-year to 455,333 units, while three-wheeler sales increased 37% to 18,637 units. Electric vehicle sales were up by 36% to 37,771 units.Total exports climbed 3% to 120,008 units from 116,700 units a year ago.

BOM:532343NSE:TVSMOTOR

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