myTVS, part of the USD 3 billion TVS Mobility Group and a leading digital automotive aftermarket platform, has entered the quick commerce segment for auto parts distribution. The city-headquartered company plans to set up 250 stores branded as myTVS Hypermart across India over the next three years, Managing Director G Srinivasa Raghavan said here on Wednesday. Initially, myTVS will establish about 50 stores by March 2025 in Tamil Nadu, Kerala, Maharashtra, and Gujarat. These stores will leverage AI-driven supply chain technology to ensure minimal returns and deliver the right product at the right place and time, he added. The model operates as a "Supply Chain as a Pipe," introducing a consignment inventory system at partner stores, allowing them to focus on business growth without holding stock, Raghavan told reporters. Following a successful pilot phase, the company has launched the service, which is expected to improve profitability per store and deliver superior returns for part
TVS Motor Company has unveiled the TVS RT-XD4 engine platform, developed at its research and development center in Hosur, a top official announced on Friday. The TVS RT-XD4 300 will be the first engine to be fully developed on this new platform. "The TVS RT-XD4 is a major milestone, the result of our focus on creating a unique and compelling TVS riding experience. Conceptualised, designed, and developed in-house at our Research and Development Centre in Hosur, the TVS RT-XD4 showcases our engineering and research capabilities," said Sudarshan Venu, Managing Director of TVS Motor Company. The newly developed engine platform features a dual overhead camshaft with a down-draft port, a dual oil pump with a split chamber crankcase, a dual cooling jacket cylinder head with a water jacket, and a dual breather system that prevents oil contamination and reduces oil consumption. "Over the last several years, TVS Motor has set benchmarks in riding excellence, driven by decades of exposure to
Technical charts suggest that stocks like TVS Motor, Lodha, DLF, Jio Financial Services and Federal Bank can potentially rally up to 19 per cent from present levels.
The uptick in TVS Motor share price came after the company announced that it has introduced a refreshed TVS Apache RTR 160 4V with new features and technology
Plan allows customers to make multiple claims within same policy year
The rise in TVS Motor share price came on the back of a healthy September quarter of financial year 2025 (Q2FY25) results announced on October 23.
The company's revenue from operations was seen up by 14 per cent to Rs 11,301.68 crore in Q2FY25, compared to Rs 9,932.82 crore during the same period of FY24
'Jupiter' scooter maker's profit rose 23.5 per cent to Rs 663 crore ($78.86 million) in the quarter ended Sept. 30, which missed analysts' estimate of Rs 697 crore
Q2FY25 company results: AU Small Finance Bank, Bajaj Finserv, Birla will also be among the 73 companies to released their second quarter results on Oct 23
Two-wheeler stocks bore the brunt of the selling pressure in auto on Thursday, as the Nifty Auto index plunged below its 100-DMA for the first-time in 18 months; Tech charts suggest more pain ahead.
At 10:15 am, the BSE Auto index, the top loser among sectoral indices, was down 3 per cent, as compared to the 0.33 per cent decline in the BSE Sensex
India needs to build its "unique Indian way of progress" to position itself as a global leader and a place to go for high quality services and products, TVS Motor Company Chairman Emeritus Venu Srinivasan said on Tuesday. In his address at a symposium organised by Indian Foundation for Quality Management (IFQM), for which he is the Chairman, Srinivasan cautioned that India will continue to lag behind the world if it continued to follow other countries like Germany, the US, Japan, Korea and China. "We (India) have been one of the major economies in the world in the past. 700 years ago we contributed one quarter to the world's economy. We were a central hub of trading, dominating land routes and maritime routes both the West and East," Srinivasan said. He further said,"And from there we today find ourselves at a very low level in terms of our contribution to global trade in goods and services." Elaborating reasons behind establishing IFQM, he said it is "really not about the small Q
Two and three wheeler major TVS Motor company has garnered a 20 per cent sales in September by retailing 4,82,495 units, the company said on Tuesday. The city-headquartered company had registered sales of 4,02,553 units during the same month of last year. Sales of electric vehicles last month surged by 42 per cent to 28,901 units, from 20,356 units sold in the same month of last year. Total two-wheeler sales recorded a 22 per cent growth to 4,71,792 units in September 2024, as compared to 3,86,955 units in same month of last year. Sales of two-wheeler in domestic market went up by 23 per cent to 3,69,138 units, from 3,00,493 units sold in September 2023. Sales of motorcycles in September 2024 grew by 23 per cent to 2,29,268 units, as against 1,86,438 units sold in corresponding month of last year. Scooter sales saw 20 per cent growth to 1,86,751 units in September 2024 from 1,55,526 units in September 2023. On the exports front, the company witnessed an 11 per cent growth in sale
Thus far in calendar year 2024, the BSE Auto index has surged 46 per cent, compared to the 18 per cent rally in BSE Sensex.
Automaker Tata Motors saw an 8.1 per cent drop in total sales for August 2024, totaling 71,693 vehicles compared to 78,010 units in August 2023.
TVS Motor Company on Sunday said its total sales increased 13 per cent year-on-year to 3,91,588 units in August as compared with the same month last year. The company had dispatched 3,45,848 units to its dealers in the same month last year, TVS Motor Company said in a statement. Total two-wheeler sales last month stood at 3,78,841 units as against 3,32,110 units recorded in August 2023, a growth of 14 per cent. Two-wheeler sales in the domestic market grew 13 per cent year-on-year to 2,89,073 units last month from 2,56,619 units in August 2023. Total exports registered a growth of 14 per cent with sales increasing from 87,515 units in August last year to 99,976 units last month.
UBS believes TVS Motor's New Jupiter is a significant upgrade over the old model and peers
The surge in the stock price of TVS Motor company followed the news of the launch of its new product, TVS Jupiter 110
TVS Motor Company expects to grow faster than the competition across domestic and international markets this fiscal riding on the back of new product launches and strengthening of operations across key regions, according to CEO KN Radhakrishnan. He noted that in the domestic market, the company expects growth momentum to continue with normal monsoons likely to add strength to the rural markets. In international markets, Radhakrishnan exuded hope to perform better in key markets like Africa this year while expanding operations in other regions like the Middle East and Latin America. "Our strong product portfolio; our unwavering focus on the consumers, quality, new products and attractive quality and technology, we are confident that we will outperform the industry both in the domestic and international markets," Radhakrishnan said in an analyst call. He noted that the growth momentum is likely to be maintained with the budget focusing on employment generation, continued higher ...
On the daily chart TVS Motor's price has broken out on the upside from an ascending triangle with higher-than-average buying volumes