TVS Motor two-wheeler sales up 30.1% in September 2016
Scooter sales grew by 12.7 per cent from 75,307 units in the month of September 2015 to 84,850 units in September 201603-10-2016
03-10-2016
TVS Motor Company posts 26% sales growth in September 2016
TVS Motor Company Ltd has submitted to BSE a copy of Press Release dated October 03, 2016 titled ''TVS Motor Company posts 26% sales growth in September 2016".03-10-2016
TVS Motor launches 24/7 road side assistance programme
TVS Motor Company has announced the rollout of 24/7 Road Side Assistance (RSA) programme for its two-wheeler customers across the country. The initiative seeks to resolve on-road problems faced by26-09-2016
TVS Motor Company introduces Two Wheeler 24/7 Road Side Assistance Program A first of its kind free service program for all its customers
TVS Motor Company Ltd has informed BSE regarding a Press Release dated September 26, 2016 titled "TVS Motor Company introduces Two Wheeler 24/7 Road Side Assistance Program A first of its kind free service program for all its customers".26-09-2016
Intimation of analyst / fund house meeting
TVS Motor Company Ltd has informed BSE regarding "Intimation of analyst / fund house meeting".24-09-2016
TVS Motor launches variants of its Star City+, Sport bikes
Two and three-wheeler maker TVS Motor has launched two variants of its popular motorcycles Star City+ and TVS Sport models in view of the nearing festive season. The city-based company has19-09-2016
Festive Special: TVS Motor Company introduces new colour variants for its motorcycles TVS StaR City+ & TVS Sport
TVS Motor Company Ltd has informed BSE regarding a Press Release dated September 19, 2016 titled "Festive Special: TVS Motor Company introduces new colour variants for its motorcycles TVS StaR City+ & TVS Sport".19-09-2016
Intimation of Analysts / fund houses meeting
TVS Motor Company Ltd has informed BSE regarding "Intimation of Analysts / fund houses meeting".14-09-2016
Intimatioin of analysts / fund houses meetings
TVS Motor Company Ltd has informed BSE regarding "Intimation of analysts / fund houses meetings".12-09-2016
Macquarie downgrades TVS Motor to 'neutral'
MUMBAI: Macquarie has downgraded shares of TVS Motor Company to 'neutral' from 'outperform' due to rising competitive intensity from Honda and lower-than expected initial response to its Victor motorcycle. The brokerage said it is positive on the volume growth but checks with two-wheeler dealers across brands and regions indicate that competitive intensity led by Honda may increase over the next 12-18 months, and lower-than-expected initial response to Victor motorcycle. "Our channel checks suggest a significant increase in competitive intensity from Honda 2Ws after the start of production at its fourth plant at Gujarat...Honda 2Ws has increased marketing and promotions of its flagship brand, Activa, and other key motorcycle models, CB Shine/CB Hornet. Moreover, Honda's has indicated that it would further expand its capacity by 0.6m units to 6.4m units by mid-FY18," said Macquarie in a note. These factors will keep TVS' marketing spending at higher levels and pose a risk to margin assumption, it added. The brokerage maintained target price of Rs 330 on the stock. Macquarie said Eicher Motors, on which it has an 'outperform' rating with a target price of Rs 25,000, is the best play in the two-wheeler segment due to its dominant presence in the fast growing leisure bike segment.07-09-2016