Indian market is expected to consolidate on Monday tracking muted global cues. The Nifty future closed positive with gains of 0.95% at 21959 levels on Friday. India VIX was up by 1.66% from 14.46 to 14.70 levels. Volatility remained cool after spiking during the week and created swings. Positive setup was seen in stocks like … Read more
New Delhi: TVS Motor Company on Saturday reiterated its commitment to invest Rs 5,000 crore towards design, development, and deployment of future technologies across products. “Our core is engineering and R&D, and this is driven by over 2,000 engineers backed by solid design and development capability. Our vision is to transform the quality of life … Read more
TVS Motor reported a 23 per cent increase in vehicle sales to to 339,513 units in January. The company had recorded total sales of 275,115 units in January last year, TVS Motor said in a statement. Sale of two-wheelers registered a growth of 25 per cent with sales increasing from 264,710 units in January 2023 … Read more
The Indian market is expected to remain volatile on the Interim Budget Day. The S&P BSE Sensex rose more than 600 points while the Nifty50 reclaimed 21,700 levels, a day ahead of the Interim Budget. The Nifty future closed positive with gains of 0.72% at 21786 levels on Wednesday. India VIX was down by 0.31% … Read more
The TVS Motor stock is trading at 35 times its one-year forward earnings, compared with the long-term average of 28 times. Synopsis A better product mix and a judicious call on staying away from EV scooter discounting should fatten margins. The maker of Apache expanded its margins by 114 basis points on a year-on-year basis … Read more
TVS Motor Company on Monday reported a 25 per cent rise in total dispatches at 3,01,898 units in December 2023. The company had sold a total of 2,42,012 units in December 2022, TVS Motor Company said in a statement. Two-wheelers sales were at 2,90,064 units in December 2023 as compared to 2,27,666 units in the … Read more
Sales of sports utility vehicles (SUVs) rose in December, while small car sales fell despite high discounts, data from Indian automakers showed on Monday. While entry-level vehicles remain a millstone around automobile makers’ necks, they have benefited from the sales of premium vehicles, catering to a more well-off demographic largely unaffected by inflation. Maruti Suzuki … Read more
TVS Motor eyes to capture a bigger market share in the premium motorcycle segment, which they believe is about to pick further momentum amid rising wealth of Indians, a senior official of the two and three-wheeler manufacturer said on Wednesday. “In India, the infrastructure is growing fast and the disposable income is growing too. People … Read more
