TVS Motor | Latest market updates

The company is set to enter the market with a comprehensive lineup of 14 products, which includes both two-wheelers and three-wheelers.

TVS Motor Company, a leading global manufacturer of two-wheelers, has made a significant announcement regarding its expansion into a new international market.

As per the details the company announced its significant debut in the Venezuelan market today. This historic move establishes TVS Motor as the inaugural Indian automotive manufacturer to penetrate this market, offering an impressive lineup of 14 different vehicle models for the passionate riders of Venezuela, all tailored to their preferences and requirements.

Product range for international markets

The product range consists of premium motorcycles such as the TVS RR 310 and Apache series, commuter motorcycles including TRAK 150 and Sport 100, a utility vehicle with the TVS XL 100, a sporty scooter - TVS NTORQ 125, and three-wheelers like TVS KING GS and TVS KING CARGO.

The company’s goal is to broaden its footprint and explore fresh opportunities for growth in the region. With a well-established heritage of groundbreaking innovations, exceptional performance, and technologically advanced vehicles, it is positioned to provide an unmatched combination of cutting-edge technology, compelling design, and robust functionality.

The company holds a prominent position among the world’s top five automobile manufacturers, boasting a presence in more than 80 countries spanning Africa, Southeast Asia, the Indian Subcontinent, Latin America, and the Middle East.

The company’s product portfolio encompasses a wide range of products catering to different segments and preferences. From stylish commuters to agile sport bikes, TVS Motor offers a motorcycle for every rider. These motorcycles are renowned for their superior fuel efficiency, reliability, and exceptional performance, attributes that are poised to resonate with Venezuelan riders.

Committed to nurturing a strong relationship with the local community, TVS Motor is ready to provide premium customer support and service in Venezuela. In alignment with the company’s dedication to establishing a robust presence, it will also explore opportunities for local partnerships and collaborations that can contribute to the growth of the Venezuelan automotive industry.

The company’s stock closed at Rs 1597.55 per share on the BSE, showing minimal change compared to the previous day’s closing price of Rs 1598.60 per share. The current market capitalization is Rs 75,897 crore, and the stock has delivered an impressive 42% return over the past six months.

Investors must keep this stock on their radar.

Disclaimer: This post has been written exclusively for educational purposes.

TVS motor rides high with HLX 125 5-gear launch in Tanzania

TVS Motor’s HLX 125 5-gear, focusing on its performance, durability, and customer satisfaction, is set to become a popular choice among Tanzanian riders.

About the new bike launch

TVS Motor Company (TVSM) strengthens its presence in Tanzania with the launch of the all-new TVS HLX 125 5-gear. This versatile motorcycle caters to the needs of riders seeking a powerful, efficient, and reliable companion for their journeys.

The TVS HLX 125 5-gears is a powerful and durable motorcycle with a powerful yet efficient engine, best-in-class durability, superior mileage, enhanced features like battery-saving headlamps, a flat footrest, durable tubeless tyres, an 18-inch alloy rear wheel, and an increased wheelbase. It also comes with a 50,000 KM/ 18-month warranty in Tanzania, providing peace of mind for riders.

The TVS HLX 125 5-gear comes in three stylish colours – black, red, and blue – accented with black alloy wheels and rim tape. This new variant offers a fresh look while maintaining the HLX series’ reputation for reliability and performance.

Rahul Nayak, Vice President, International Business, at TVS Motor Company, highlighted the HLX series’ success in catering to the evolving needs of over 3.5 million customers in 50 countries. He expressed confidence that the TVS HLX 125 5-gear will further elevate the riding experience and set a new benchmark.

Vijay Gidomool, Group CEO, Car & General, Tanzania, emphasized the TVS HLX’s longstanding reputation as a trusted commuting partner. He expressed commitment to enhancing customer experience through continuous innovation and a robust service network.

The TVS HLX 125 5-gear strengthens TVS Motor’s position as a leading provider of mobility solutions. With its focus on performance, durability, and customer satisfaction, this new variant is poised to become a favourite among riders in Tanzania.

Share Price Movement

TVS Motor Company shares closed the day strong. The stock price rose 2.93% to Rs 2239.55, exceeding the previous day’s close of Rs 2,175.90. This increase puts the stock price closer to its 52-week high of Rs 2,313.90 and above its 52-week low of Rs 1,263.25. The trading range for the day was Rs 2,160.15 to Rs 2,252. The company’s current market capitalisation stands at a substantial Rs 1,06,398.13 crore.

About Company

TVS Motor Company is a global two and three-wheeler manufacturer, focusing on sustainable mobility. With four state-of-the-art facilities in India and Indonesia, the company has a 100-year legacy of trust, value, and passion for customers. TVS Motor is the only two-wheeler company to win the Deming Prize and has been ranked the No. 1 company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Norton Motorcycles, a UK-based group, is a popular motorcycle brand, and its subsidiaries, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the Swiss e-bike market.

Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.