TVS Motor Eyes EV & Scooter Leadership in FY27 With ₹3,500 Cr Capex Plan
TVS Motor has outlined its FY27 strategy with plans to boost two-wheeler production by 1.5 million units to ~8.3 million, targeting strong growth in EV, scooter, and super-premium segments. The company expects solid single-digit industry growth and aims to outpace peers, with EV monthly sales rising to 40,000–50,000 units. Total FY27 capex is estimated at ~INR 3,500 Cr, with INR 2,000 Cr for product development and INR 1,000 Cr for capacity expansion, while total investments are projected to be INR 500–600 Cr lower than FY26's INR 2,400 Cr.
TVS Motor Company Records Rs. 40.59 Crore Block Trade on NSE
TVS Motor Company Ltd. recorded a significant block trade on NSE worth Rs. 40.59 crores involving approximately 116,193 shares at Rs. 3493.20 per share. The transaction highlights substantial institutional activity in the automotive manufacturer's stock and reflects significant investor interest in the company's equity.
21Apr 26
Hyundai Motor And TVS Motor Formalize Partnership For Electric Three-Wheelers
Hyundai Motor and TVS Motor Company have formalized their strategic partnership through a joint development agreement specifically targeting the acceleration of electric three-wheeler commercial sales in India. The collaboration combines both companies' expertise in manufacturing and commercializing electric micromobility solutions, with TVS Motor contributing its three-wheeler manufacturing experience and market knowledge while Hyundai brings advanced automotive technology and global electric vehicle expertise.
21Apr 26
TVS Motor Accelerates Africa Expansion with Zambia Market Entry and Eight-Model Launch
TVS Motor has accelerated its African expansion by entering the Zambian market through a strategic partnership with Zamoto Manufacturing Limited as its official distributor. The company is introducing eight different vehicle models to cater to diverse customer segments and strengthen its international presence across emerging African markets.
20Apr 26
TVS Motor Company Executes Rs. 80.54 Crore Block Trade on NSE
TVS Motor Company executed a major block trade on NSE worth Rs. 80.54 crores involving approximately 215,767 shares at Rs. 3732.90 per share. The transaction represents significant institutional trading activity and demonstrates continued investor interest in the automotive manufacturer's shares through the block trade mechanism.
17Apr 26
Morgan Stanley Raises TVS Motor Company Target Price to ₹4,327, Maintains Overweight Rating
Morgan Stanley has maintained its Overweight rating on TVS Motor Company while raising the target price to ₹4,327 from ₹4,280. The brokerage expressed conviction in the automotive volume upcycle despite headwinds including cost pressures, supply-chain risks, and tightening regulations. While near-term margin pressure is expected in 1QFY27, Morgan Stanley anticipates gradual recovery supported by strong demand outlook and attractive industry fundamentals.
JPMorgan Upgrades TVS Motor Company to Overweight with Target Price of ₹4,440
JPMorgan has upgraded TVS Motor Company to Overweight with a target price of ₹4,440, up from ₹3,860, citing easing disruption risks and strong relative positioning. Despite sector-wide commodity inflation pressures and EPS cuts for FY27, the brokerage includes TVS Motor among its top automotive picks alongside Maruti, M&M, and Hero Moto.
TVS Motor Backs Ultraviolet Automotive's ₹2 Billion Karnataka Plant Expansion
TVS Motor has announced strategic support for Ultraviolet Automotive's expansion plans, featuring a ₹2 billion investment and new manufacturing plant in Karnataka. The collaboration aims to significantly expand production output and represents a major growth initiative in the Indian automotive sector.
TVS Motor Company Executes Rs. 26.08 Crore Block Trade on NSE
TVS Motor Company Ltd. executed a major block trade on NSE worth Rs. 26.08 crores involving approximately 75,804 shares at Rs. 3440.80 per share. This institutional transaction highlights significant trading activity and provides insights into large-scale investor movements in the automotive manufacturer's stock.
20Mar 26
CLSA Cuts TVS Motor Target to Rs 3,846 from Rs 4,116, Maintains Outperform Rating
CLSA has revised TVS Motor's target price downward to Rs 3,846 from Rs 4,116, implementing 6-9% EPS cuts for FY27/28 as part of broader OEM sector adjustments. Despite near-term earnings moderation, the brokerage maintains its Outperform rating, supported by strong two-wheeler demand and favorable market dynamics.