TVS Motor Company Ltd Share Price – NSE  / BSE

Automobile, Mid Cap

TVS Motor Company (TVSM) announced its official entry into the Zambian market. In a strategic move to bolster its African footprint, the company has appointed Zamoto Manufacturing as its official distributor, ensuring a robust sales, service, and spare parts network across the country.

The new product range is categorized into three strategic pillars:

? Taxi & Commercial Segment: Featuring the TVS HLX series (HLX KS/ES, HLX 125 5G, and HLX 150 5G). Known as the 'workhorse of Africa', these models are engineered for durability, fuel efficiency, and low maintenance costs for last-mile delivery and taxi operations.

? Personal Mobility Segment: The TVS ZT 125 and TVS NTORQ 125 offer urban commuters a blend of comfort, modern style, and advanced technology.

? Premium Segment: For performance enthusiasts, TVS is introducing the Apache RTR 180, RTR 200, and the flagship Apache RR 310, bringing world-class racing pedigree to Zambian roads.

TVS Motor Company announced that its shareholding in DriveX Mobility (DriveX), subsidiary, has increased to 92.41% from 87.38%.

TVS Motor Company Ltd rose for a third straight session today. The stock is quoting at Rs 3803, up 2.04% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.99% on the day, quoting at 24011.35. The Sensex is at 77413.31, up 1.02%. TVS Motor Company Ltd has added around 5.62% in last one month.

Meanwhile, Nifty Auto index of which TVS Motor Company Ltd is a constituent, has added around 2.45% in last one month and is currently quoting at 25901.9, up 2.55% on the day. The volume in the stock stood at 5.21 lakh shares today, compared to the daily average of 11.68 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 3820, up 2.18% on the day. TVS Motor Company Ltd is up 51.32% in last one year as compared to a 5.18% gain in NIFTY and a 29.26% gain in the Nifty Auto index.

The PE of the stock is 50.5 based on TTM earnings ending December 25.

TVS Motor Company today launched the TVS Armado 200. Positioned as a gamechanger, this new three-wheeler is engineered to dominate Indonesia's rapidly growing commercial and logistics industries.

First showcased digitally earlier this year, the TVS Armado 200 is powered by a robust 197.75 cc oil-cooled engine, purpose-built for long operating hours and high-demand applications. Featuring a 2-meter cargo bed with a best-in-class payload capacity of up to 840 kg, it is designed to support a vast range of business operations.

Available in three colors - Blue, Red, and White - the TVS Armado 200 is offered at normal price IDR 35,900,000 but in the launching period, customer can purchase with introductory price of IDR 34,900,000 (OTR Jakarta). To support businesses of all sizes, flexible financing options are also available.