TVS Motor Company's stock reached a new pinnacle, reflecting the company's strong market position and recent product innovations. The two-wheeler manufacturer has also unveiled its latest offering, positioning itself at the forefront of India's competitive scooter market.

Record-Breaking Stock Performance

TVS Motor Company's shares touched a fresh lifetime high of Rs 3,500.00 before closing at Rs 3,426.90, marking an extraordinary journey since its listing in August 2000. The stock has delivered a staggering 27,852% return since its debut, transforming an initial investment of Rs 1 lakh into Rs 2.80 crore.

In the past five years, TVS Motor has outshone its peers in the two-wheeler segment:

Catalysts for Growth

Several factors have contributed to TVS Motor's impressive performance:

1. GST Reduction: The government's decision to cut GST on two-wheelers with engine capacity up to 350cc from 28% to 18%, effective September 22, has provided a significant boost to the sector.

2. Record Sales: In August, TVS Motor crossed the 5-lakh-unit milestone, with total two-wheeler sales growing 30% year-on-year to 490,788 units.

3. Product Innovation: The company has launched the TVS NTORQ 150, India's first hyper sport scooter, priced at Rs 1,19,000.00.

TVS NTORQ 150: A Game-Changing Launch

TVS Motor Company unveiled the TVS NTORQ 150, positioning it as India's quickest and first hyper sport scooter. Key features include:

• Segment-leading acceleration: 0-60 km/h in 6.3 seconds
• Enhanced safety with ABS and Traction Control
• Advanced TFT cluster with 50+ connected features, including Alexa and smartwatch integration
• Stealth aircraft-inspired design with MULTIPOINT® projector headlamps

Powered by a 149.7cc race-tuned engine, the NTORQ 150 delivers 13.2 PS at 7,000 rpm and 14.2 Nm torque at 5,500 rpm, with a top speed of 104 km/h.

Mr. Gaurav Gupta, President, India 2W Business, TVS Motor Company, stated, "TVS NTORQ 150 is inspired by the learnings from all our riders and will further strengthen our scooter portfolio. Combining race-inspired performance, advanced connectivity, and first-in-segment safety and control features, the scooter will delight the consumers and significantly build brand love."

Market Outlook

While technical indicators show the stock trading above its 50-day and 200-day moving averages, momentum indicators suggest it's in overbought territory. However, several brokerages, including Elara Capital, Axis Securities, and BNP Paribas, maintain a positive outlook on TVS Motor Company's prospects.

As TVS Motor continues to innovate and capture market share, investors and industry observers will be keenly watching how the company navigates the evolving two-wheeler market landscape and maintains its growth trajectory.

TVS Motor Company, a leading two and three-wheeler manufacturer, has reported exceptional sales figures for August, marking a significant milestone in its growth trajectory. The company's performance demonstrates strong demand across various segments and markets.

Record-Breaking Total Sales

TVS Motor Company achieved its highest-ever monthly sales in August, crossing the five lakh unit milestone. The company reported total sales of 5,09,536 units, representing a robust 30% year-on-year growth compared to 3,91,588 units in August of the previous year.

Two-Wheeler Segment Shines

The two-wheeler segment played a crucial role in driving the company's overall growth:

• Total two-wheeler sales surged by 30%, reaching 4,90,788 units, up from 3,78,841 units in the same month last year.
• Domestic two-wheeler sales showed impressive growth of 28%, with 3,68,862 units sold compared to 2,89,073 units in the previous year.
• Motorcycle sales increased by 30%, totaling 2,21,870 units.
• Scooter sales witnessed a substantial jump of 36%, reaching 2,22,296 units.

Electric Vehicle (EV) Segment

The company's electric vehicle segment reported sales of 25,138 units in August. However, TVS Motor Company noted that magnet availability continues to pose challenges in the short to medium term for this segment.

Strong Performance in Exports

TVS Motor Company's international business showed remarkable growth:

• Total exports increased by 35%, reaching 1,35,367 units compared to 99,976 units in August of the previous year.
• Two-wheeler exports grew by 36%, with sales rising from 89,768 units to 1,21,926 units.

Three-Wheeler Segment Surge

The three-wheeler segment also contributed significantly to the company's growth, with a 47% increase in sales. The segment recorded sales of 18,748 units, up from 12,747 units in the same month last year.

Company's Market Position

TVS Motor Company continues to strengthen its position in the two and three-wheeler market globally. With four state-of-the-art manufacturing facilities in India and Indonesia, the company is well-positioned to meet the growing demand for its products across 80 countries.

The company's commitment to quality and innovation has been recognized through various accolades, including being the only two-wheeler company to have won the prestigious Deming Prize. TVS Motor's products have consistently led in their respective categories in J.D. Power IQS & APEAL surveys and J.D. Power Customer Service Satisfaction Survey.

As TVS Motor Company continues to focus on sustainable mobility and superior customer experience, these record-breaking sales figures underscore its strong market presence and growth potential in the automotive industry.