TVS Motor Company announced the launch of TVS HLX 125 with 5-gears in Kenya. The new motorcycle offers powerful yet efficient features. It has best-in-class durability, requires minimal maintenance, has a superior engine, provides excellent mileage and performs across terrains. Enhanced features in this variant include battery-saving headlamps for improved visibility, a convenient flat footrest, dura grip tubeless tyres with an 18-inch alloy rear wheel and an increased wheelbase for comfortable maneuverability and better stability. Additionally, the new TVS HLX 125 variant in Kenya gets an extended vehicle warranty of upto 50,000 KM/ 18 months. The variant comes with new graphics and a choice of three colours - black, red and blue - with stylish black-themed alloy wheels and rim tape. Introducing the all-new TVS HLX 125 with 5-gears, Rahul Nayak, Vice President, International Business, TVS Motor Company, said, 'TVS HLX has been a strong performer consistently catering to last mile connectivity for people and goods across Africa. The product that reinstates the customer's trust and confidence has achieved a 10 year milestone in Africa and sold more than 3.5 million vehicles globally. TVS HLX 125 will elevate the riding experience of our valued customers and set a benchmark in performance, safety and reliability making it the first preference.' Powered by Capital Market - Live

TVS Motor Company will hold a meeting of the Board of Directors of the Company on 23 October 2024.Powered by Capital Market - Live

TVS Motor Company Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 2807.4, up 0.47% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.69% on the day, quoting at 25137.7. The Sensex is at 82005.67, up 0.77%. TVS Motor Company Ltd has dropped around 1.21% in last one month. Meanwhile, Nifty Auto index of which TVS Motor Company Ltd is a constituent, has dropped around 2.54% in last one month and is currently quoting at 26436.6, up 0.19% on the day. The volume in the stock stood at 1.7 lakh shares today, compared to the daily average of 8.49 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 2811.45, up 0.13% on the day. TVS Motor Company Ltd is up 75.28% in last one year as compared to a 27.4% gain in NIFTY and a 60.33% gain in the Nifty Auto index.The PE of the stock is 60.52 based on TTM earnings ending June 24.Powered by Capital Market - Live

Ecofy, India's pioneering green-only NBFC backed by Eversource Capital and dedicated to bridging the climate finance gap in the Indian retail sector, has announced a partnership with TVS Motor Company. In the rapidly growing electric 3W sector, this strategic collaboration aims to boost electric three-wheeler adoption and promote sustainable mobility nationwide. Ecofy and TVS Motor Company are launching customized financing schemes to make TVS electric vehicles more accessible and affordable. These tailored offerings aim to drive EV adoption and redefine the future of EV financing in IndiaPowered by Capital Market - Live

TVS Motor Company Ltd fell for a fifth straight session today. The stock is quoting at Rs 2639.6, down 1.78% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.93% on the day, quoting at 24780.85. The Sensex is at 81048.48, down 0.78%.TVS Motor Company Ltd has eased around 4.54% in last one month.Meanwhile, Nifty Auto index of which TVS Motor Company Ltd is a constituent, has increased around 0.74% in last one month and is currently quoting at 25926.3, down 0.94% on the day. The volume in the stock stood at 3.51 lakh shares today, compared to the daily average of 7.87 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 2663.6, down 1.45% on the day. TVS Motor Company Ltd jumped 73.37% in last one year as compared to a 27% rally in NIFTY and a 62.21% spurt in the Nifty Auto index.The PE of the stock is 58.23 based on TTM earnings ending June 24.Powered by Capital Market - Live

The leading equity indices traded with minor losses in mid-afternoon trade. The Nifty traded below the 25,800 level after hitting day's high of 25,907.60 in early trade. Oil & Gas shares extended losses for the two trading sessions. At 14:30 IST, the barometer index, the S&P BSE Sensex, was down 121.53 points or 0.15% to 84,172.48. The Nifty 50 index fell 49.85 points or 0.19% to 25,761. In the broader market, the S&P BSE Mid-Cap index rose 0.25% and the S&P BSE Small-Cap index added 0.45%. The market breadth was positive. On the BSE, 2,323 shares rose and 1,589 shares fell. A total of 96 shares were unchanged. The domestic market will be closed on Wednesday, October 2, 2024, in observance of Mahatma Gandhi Jayanti. Economy: India's fiscal deficit remained under control during April-August, reaching 27% of the full-year target. This containment was attributed to muted spending in the early months of the fiscal year. The government's spending has been lower due to general elections. In comparison, the deficit stood at a higher 36% during the same period in FY24. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 57.5 in August to 56.5 in September, highlighting a robust improvement in the health of the sector that was nonetheless the weakest since January. As a result of rising purchasing prices, as well as greater labour costs and favourable demand conditions, Indian manufacturers lifted their charges in September. The combination of job creation and slower increases in new business meant that companies were able to stay on top of their workloads. Buzzing Index: The Nifty Oil & Gas index shed 0.52% to 12,968.15. The index slipped 1.21% in the past two trading sessions. Oil India (down 1.37%), Oil & Natural Gas Corpn (down 1.16%), Indian Oil Corporation (down 1%), Bharat Petroleum Corporation (down 0.92%) and Mahanagar Gas (down 0.88%), Reliance Industries (down 0.63%), Castrol India (down 0.57%), Indraprastha Gas (down 0.38%) edged down. On the other hand, Petronet LNG (up 1%), Hindustan Petroleum Corporation (up 0.95%) and GAIL (India) (up 0.77%) edged higher. Numbers to Track: The yield on India's 10-year benchmark federal paper advanced 1.60% to 6.858 as compared with previous close 6.865. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 83.8300, compared with its close of 83.7925 during the previous trading session. MCX Gold futures for 4 October 2024 settlement added 0.37% to Rs 75,146. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.12% to 100.89. The United States 10-year bond yield declined 1.38% to 3.757. In the commodities market, Brent crude for November 2024 settlement lost $1.30 or 1.81% to $70.40 a barrel. Stocks in spotlight: TVS Motor Company shed 0.47%. The company said that it has recorded monthly sales of 482,495 units in September 2024 with a growth of 20% as against 402,553 units in the month of September 2023. Welspun Corp slipped 4.16%. The company announced that it has received large order in the USA for supply of coated helical submerged arc welding (HSAW) pipes for a natural gas pipeline project. The value of the said order is approximately Rs 2,400 crore and the said order will executed during fiscal year 25 and fiscal year 26. Zydus Lifesciences added 1.19% after the company announced that it has received the establishment inspection report (EIR) from the United States Food and Drug Administration (USFDA) for its transdermal patch manufacturing facility Pharmez, Ahmedabad. The USFDA conducted an inspection from 15 to 19 July 2024, and has been classified as Voluntary Action Indicated (VAI).Powered by Capital Market - Live

TVS Motor Company recorded monthly sales of 482,495 units in September 2024 with a growth of 20% as against 402,553 units in the month of September 2023. Two-Wheeler Total two-wheelers registered a growth of 22% with sales increasing from 386,955 units in September 2023 to 471,792 units in September 2024. Domestic two-wheeler registered growth of 23% with sales increasing from 300,493 units in September 2023 to 369,138 units in September 2024. Motorcycle registered a growth of 23% with sales increasing from 186,438 units in September 2023 to 229,268 units in September 2024. Scooter registered a growth of 20% with sales increasing from 155,526 units in September 2023 to 186,751 units in September 2024. Electric Vehicle EV sales registered a growth of 42% with sales increasing from 20,356 units in September 2023 to 28,901 units in September 2024. International Business The Company's total exports registered a growth of 11% with sales increasing from 100,294 units in September 2023 to 111,007 units in September 2024. Two-wheeler exports registered a growth of 19% with sales increasing from 86,462 units in September 2023 to 102,654 units in September 2024. Three-Wheeler Three-wheeler registered sales of 10,703 units in September 2024 as against 15,598 units in September 2023. Second Quarter Sales Performance FY 2024-25: During the second quarter of the financial year 2024-25, two-wheeler of the company registered a growth of 15% with sales increasing from 10.31 Lakh units in the second quarter of financial year 2023-24 to 11.90 Lakh units in the second quarter of 2024-25. Three-wheeler of the company registered sales of 0.38 Lakh units in the second quarter of financial year 2024-25 as against 0.43 Lakh units in 2023-24. Total exports registered a growth of 11% with sales increasing from 2.77 Lakh units in the second quarter of FY 2023-24 to 3.09 Lakh units in the current quarter. Powered by Capital Market - Live

Total two-wheelers sales increased by 22% to 471,792 units in September 2024 from 386,955 units in September 2023. Domestic two-wheeler sales added up to 369,138 units, up 23% YoY. EV sales registered a growth of 42% with sales increasing from 20,356 units in September 2023 to 28,901 units in September 2024. Three-wheeler registered sales of 10,703 units in September 2024 as against 15,598 units in September 2023, down 31% YoY. The company's total exports registered a growth of 11% with sales increasing from 100,294 units in September 2023 to 111,007 units in September 2024. For the second quarter of the financial year 2024-25, the company's two-wheeler sales and three-wheeler sales were 11.90 lakh units (up 15% YoY) and 0.38 lakh units (down 12% YoY). Total exports aggregated to 3.09 lakh units in Q2 FY25, up 11% YoY. TVS Motor Company is a reputed two and three-wheeler manufacturer globally. It has four manufacturing facilities in Hosur, Mysuru and Nalagarh in India and Karawang in Indonesia. TVS Motor's group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Its subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. The company reported 23.45% increase in standalone net profit to Rs 577.32 crore in Q1 FY25 as compared to Rs 467.67 crore posted in Q1 FY24. Revenue from operations rose 16.04% YoY to Rs 8,375.59 crore in the June 2024 quarter. The scrip rose 0.20% to currently trade at Rs 2846.90 on the BSE. Powered by Capital Market - Live

Glenmark Pharmaceuticals Ltd, V I P Industries Ltd, Godrej Properties Ltd, Vedant Fashions Ltd are among the other stocks to see a surge in volumes on BSE today, 23 September 2024.TVS Motor Company Ltd clocked volume of 1.45 lakh shares by 10:48 IST on BSE, a 5.58 times surge over two-week average daily volume of 26071 shares. The stock gained 0.51% to Rs.2,832.00. Volumes stood at 57050 shares in the last session.Glenmark Pharmaceuticals Ltd recorded volume of 76433 shares by 10:48 IST on BSE, a 4.57 times surge over two-week average daily volume of 16707 shares. The stock gained 6.19% to Rs.1,726.00. Volumes stood at 29496 shares in the last session.V I P Industries Ltd clocked volume of 1.44 lakh shares by 10:48 IST on BSE, a 4.55 times surge over two-week average daily volume of 31681 shares. The stock gained 7.51% to Rs.535.90. Volumes stood at 45969 shares in the last session.Godrej Properties Ltd witnessed volume of 40530 shares by 10:48 IST on BSE, a 3.55 times surge over two-week average daily volume of 11412 shares. The stock increased 2.81% to Rs.3,072.80. Volumes stood at 22269 shares in the last session.Vedant Fashions Ltd clocked volume of 17607 shares by 10:48 IST on BSE, a 3.4 times surge over two-week average daily volume of 5175 shares. The stock gained 3.23% to Rs.1,334.50. Volumes stood at 4138 shares in the last session.Powered by Capital Market - Live

TVS Motor Company has sold its entire holding of 30,50,000 equity shares of Rs. 10/- each (100%) in TVS Digital (formerly known as TVS Housing) (TVS Digital), a wholly owned subsidiary of the Company on 16 September 2024. Consequent to the above, the TVS Digital has ceased to be a wholly owned subsidiary of the Company effective 16 September 2024.Powered by Capital Market - Live