Latest news with #TVSMotorCompanyLtd
Business Standard
15-07-2025
- Automotive
- Business Standard
Quick Wrap: Nifty Auto Index rises 1.50%
Nifty Auto index closed up 1.50% at 23905.25 today. The index is up 2.00% over last one month. Among the constituents, Hero MotoCorp Ltd gained 4.76%, TVS Motor Company Ltd rose 2.95% and Bajaj Auto Ltd added 2.76%. The Nifty Auto index is down 5.00% over last one year compared to the 2.83% surge in benchmark Nifty 50 index. In other indices, Nifty Pharma index added 1.14% and Nifty PSU Bank index gained 0.87% on the day. In broad markets, the Nifty 50 increased 0.45% to close at 25195.8 while the SENSEX added 0.39% to close at 82570.91 today.
Economic Times
25-06-2025
- Business
- Economic Times
Stocks to buy today: M&M, Grasim among 6 trading ideas for 25 June 2025
The Indian market is likely to trade higher on Wednesday, tracking positive global cues. ADVERTISEMENT The Nifty future closed positively with gains of 0.39% at 25,090 levels on Tuesday. India VIX fell by 2.8% to close at 13.64 in the previous session. The sustained low levels of the VIX reflect declining fear and growing investor confidence, experts suggest. On the options front, the maximum Call OI is placed at 25,200 and then towards 25,500 strikes, while the maximum Put OI is placed at 24,800 and then towards 25,000 writing is seen at 25,100 and then at 25,200 strikes, while Put writing is seen at 25,100 and then towards 25,200 strikes. 'Options data suggests a broader trading range in between 24,600 to 25,500 zones while an immediate range between 24,800 to 25,300 levels,' Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. ADVERTISEMENT 'Nifty formed a bearish candle on the daily frame on Tuesday, but it has been forming higher lows from the last three sessions,' he added.'Now the index has to hold above 25,000, for an up move towards 25,300 and 25,500 zones while support can be seen at 24,900 then 24,800 zones,' recommended Taparia. ADVERTISEMENT TVS Motor Company Ltd: Buy| Target Rs 3000| Stop Loss Rs 2765 ADVERTISEMENT Grasim Industries: Buy| Target Rs 2935| Stop Loss Rs 2700 M&M: Buy| Target Rs 3280| Stop Loss Rs 3090 ADVERTISEMENT Indian Bank: Buy| Target Rs 635| Stop Loss Rs 611 Britannia Industries: Buy| Target Rs 5717| Stop Loss Rs 5527 ICICI Lombard General Insurance Company: Buy| Target Rs 2085| Stop Loss Rs 1900 (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Mint
25-06-2025
- Business
- Mint
Top three auto stocks to buy today, 25 June, as recommended by Ankush Bajaj
The Indian stock market started the day on a positive note on Tuesday, but the momentum was short-lived, and indices turned highly volatile through the session. The Nifty 50 ended the session 72.45 points lower, down 0.29%, to close at 25,044.35. The BSE Sensex also slipped 158.32 points or 0.19%, finishing at 82,055.11. Here are the top auto picks as recommended by Ankush Bajaj Buy: Eicher Motors (Current Price: ₹5,629.00 Buy: TVS Motor Company Ltd. (TVSMOTOR) — Current Price: ₹2,837.10 Buy: Mahindra & Mahindra Ltd. (M&M) — Current Price: ₹3,150.10 Market Wrap On Tuesday, 24 June, the Indian stock market started the day on a positive note, opening with a gap-up, hinting at early optimism. However, that momentum was short-lived as the market turned highly volatile through the session. Swings in both directions kept traders on edge, and despite intermittent recoveries, the indices closed near their opening levels, indicating lack of clear direction and cautious sentiment. The Nifty 50 ended the session 72.45 points lower, down 0.29%, to close at 25,044.35. The BSE Sensex also slipped 158.32 points or 0.19%, finishing at 82,055.11. The Bank Nifty, after showing early weakness, recovered slightly but still ended 402.55 points down or 0.72%, at 56,461.90. In sectoral performance, the PSU Bank index gained 1.46%, the Metal index rose 1.01%, and the Finance sector edged up 0.88%, showing resilience in select areas. On the downside, the PSE index fell 0.36%, and the Oil and Gas sector declined 0.17%, highlighting mixed sentiment across sectors. Among the top gainers, Jio Finance surged 2.61%, supported by strong institutional activity. Adani Ports climbed 2.56%, and Shriram Finance gained 2.18%, showing strength in stock-specific buying. On the losing side, ONGC dropped 2.97%, while Power Grid declined 1.48%, and Trent fell 1.02%, as investors opted to book profits after recent gains Nifty Technical Analysis Daily & Hourly The Nifty ended the day at 25,044.35, posting a modest gain of 72.45 points or 0.29%. Despite the upward close, the index encountered visible resistance near its 20-hour moving average (25056), failing to sustain above this short-term hurdle. The 40-hour EMA at 24989 is acting as immediate support on the intraday chart, while on the daily chart, the 20-day and 40-day EMAs at 24,872 and 24,637 respectively continue to underpin the broader bullish structure. Momentum indicators are showing signs of fatigue. The daily RSI slipped slightly to 56, and the hourly RSI is at 53, indicating a neutral bias. The MACD remains in positive territory, with the daily MACD at 137 and the hourly MACD at 57, but the lack of fresh momentum suggests the trend is losing steam, potentially entering a short-term consolidation or pullback phase. From a derivatives standpoint, the options data indicates a shift in sentiment. The total Call Open Interest (OI) has surged to 20.45 crore, significantly outpacing the Put OI of 15.86 crore. This results in a PE-CE OI difference of -4.60 crore and a Put-Call Ratio (PCR) of just 0.78 — both clear signs of a bearish undertone emerging in the options space. Furthermore, the change in OI reinforces this view, with Call OI rising by 3.76 crore while Put OI saw a steep decline of 50.14 lakh, deepening the bearish bias with a PE-CE OI change difference of -4.26 crore. The maximum Call OI is observed at the 26,000 strike, suggesting a ceiling for the index, while the highest change in Call OI occurred at the 25,200 strike — a level that could now act as a near-term resistance. On the Put side, the 25,000 strike still holds the maximum OI, but notable buildup at the 25,200 strike hints at indecision and potential realignment of support levels. Adding to the cautious outlook, India VIX declined by 2.88% to settle at 13.64, indicating lower volatility but also reflecting a sense of complacency even as bearish data mounts. In summary, while the Nifty remains above its key moving averages and still holds a broadly bullish daily structure, short-term indicators and options data are flashing early warning signs. Unless the index decisively clears the 25,200 level and sustains above the 20-hour moving average, the risk of a pullback toward the 20-DMA at 24,872 remains on the table. Traders should remain nimble, keeping an eye on the PCR and OI shifts for cues on directional conviction. Ankush Bajaj is a Sebi-registered research analyst. His registration number is INH000010441. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
27-04-2025
- Automotive
- Mint
TVS Motor looks to close FY25 on a high as scooter sales boost performance
For K.N. Radhakrishnan-led TVS Motor Company Ltd, the fiscal year 2025 was one of many firsts. The company managed to maintain a healthy balance of traditional fuel vehicles and the new-age electric vehicles to record its highest-ever sales of 4.7 million. The country's third-largest two-wheeler seller outpaced the market leader Hero Motocorp Ltd in terms of growth. As against a 5% growth for the Delhi-based firm, the Hosur-based TVS recorded a 12% jump in its two-wheeler sales. Even in the EV two-wheeler space, TVS Motor was able to take the challenge to market leader Ola Electric Mobility Ltd which recorded just 4.5% growth in the financial year 2025. In contrast, TVS posted a growth of nearly 30% to cross 2 lakh sales. The ambition to take the challenge to the market leaders was set by Radhakrishnan in the very first quarter of the previous financial year. However, it did not go in favour of the company. During the year, its domestic sales of motorcycles declined by 2% even as the motorcycle market grew by 5%. In the electric vehicle space, Bajaj has closed the gap with TVS in market share from a difference of 8% in the financial year 2024 to just 0.5% at the end of March 31. However, analysts remain bullish about the prospects of the 63-year-old company. 'We expect TVS Motor's market share to remain steady in the motorcycle segment; however, expect overall market share to improve to 18.3% in FY2027 from 17.1% in FY2024," analysts at Kotak Institutional Equities wrote in a 13 March note. Against this backdrop, Mint lists five things to look out for when TVS announces its results for the January to March quarter on Monday . As per average estimates of four brokerages, the company will post revenue growth of around 13% in the last quarter of the financial year 2025. In Q4FY24, the company's revenue grew 24% to ₹ 8,168 crore. Analysts attribute the double-digit growth in revenue to the strong surge in volumes in a year where total scooter sales in the country crossed the pre-pandemic total of 6.7 million for the very first time. 'Revenues are expected to increase by ~15% YoY, led by a 15% YoY increase in volumes, a richer domestic vehicle mix being partly offset by higher export volumes (exports being of lower cc models)," analysts at Axis Securities wrote in a 9 April note. The company recorded a 14% growth in two-wheeler sales during January-March period, with sales increasing to 11.80 lakh units from 10.32 Lakh units in the fourth quarter of financial year 2023-24. Also Read: The TVS Group's nuclear family pact is path-breaking The average of four analyst estimates for the quarter suggests that the profitability of the company will see a nearly 40% growth to around ₹ 680 crore in the March quarter as margins expand. To be sure, the estimates of the brokerages have not accounted for any PLI benefit the company may have accrued during the quarter. 'We expect Ebitda margin to expand 70bp YoY to 12% led by favorable product mix and cost control," analysts at Motilal Oswal Financial Services wrote in a 7 April note. The management's commentary on the international business will be closely watched as the company recently completed the acquisition of Singapore-based electric vehicle start-up Ion Mobility's assets for $1.7 million to expand its presence in Southeast Asia. During the January to March period, the exports of the company grew by 31% to 3.40 lakh units. Commentary on whether international volatility due to the announcement of tariffs by the US administration will affect the growth will be closely tracked. TVS Motor has rapidly expanded its electric vehicle sales in the last few years. From sales of 9,740 units in the financial year 2022 to more than 2.3 lakh in the financial year 2025, the trend suggests that the company is rapidly expanding its EV offering. Launched in May last year, TVS' economic iQube 2.2 kWh model has managed to boost sales in the previous year which saw nearly 30% growth. Although it is challenging the market leader Ola Electric for the leadership, it is increasingly coming under pressure from Bajaj Auto which saw a more than 100% jump in EV two-wheeler sales in the last financial year. A key highlight to watch for would be company's plans for new product offerings and how the company will stave off competition as it looks to defend its 20% market share. Also Read: EVs hit with falling resale value as consumer demand cools While scooter sales in the country are surging ahead, the company is facing pressure in the motorcycle segment which is witnessing weak demand in the cheap economical segments. During the last financial year, the pricier Apache Bike series of the company witnessed strong growth of 18% to reach 4.46 lakh sales. Management's commentary on whether it will increase focus towards premium bikes will be a key highlight as the economy segment is recording weak demand. Also Read: TVS Motor zooms in Q3 but speed bumps lie ahead
Time of India
25-04-2025
- Automotive
- Time of India
Why is TVS Motor Company stock looking attractive on charts; time to buy?
'TVS Motor Company Ltd stock has been trending upwards over the last 10 trading sessions and surpassed its previous hurdle zone of 2720 levels and is holding well above the same. Traders can buy for a target of Rs 2870 in the next 1-2 weeks,' Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said. Show more Show less
