TVS Motor Company Ltd. Share Price

TVS Motor Electric Two-Wheeler Capacity Expansion Outlook

TVS Motor Company plans to expand its electric two-wheeler manufacturing capacity to 80,000 units per month by March 2027 to capture rising domestic demand for electric mobility. The company currently maintains a monthly operational capacity of 60,000 to 65,000 units, with its next phase of factory expansion already underway, according to CEO K. N. Radhakrishnan. Electric vehicles (EVs) now represent 11–12% of the overall domestic two-wheeler market, with penetration in the scooter segment surpassing 20%. Demonstrating strong market performance, TVS Motor’s electric two-wheeler sales surged to 1,86,186 units in Q2 FY27, up from 80,009 units in the prior-year period. This translates to a 129% jump in domestic EV sales, significantly outperforming the broader industry volume growth of 84%. Driven by accelerating adoption, the broader electric two-wheeler sector expanded by nearly 75% in the first half of FY27. CEO Radhakrishnan stated that TVS Motor Company—currently the market leader in the electric two-wheeler segment—expects to maintain its growth trajectory ahead of the industry average. At the same time, competitive intensity is ramping up across the market as rival manufacturers scale production footprints: Bajaj Auto is working to increase manufacturing capacity for its Chetak electric scooter to 80,000 units monthly, while Ather Energy is expanding existing facility capacity beyond 41,000 units alongside developing a new manufacturing plant. Conversely, growth in the traditional internal combustion engine (ICE) two-wheeler segment is projected to moderate in H2 FY27, largely due to a high statistical base from the previous year.

AUTO STOCKS RALLY UP TO 3% ON STRONG OCTOBER SALES

TVS Motor: Trendline Breakout Signals Bullish Momentum

TVS Motor Company is showing signs of a potential trend reversal after decisively breaking above its downward-sloping trendline on the daily chart. The breakout, supported by a healthy rise in trading volumes, indicates improving buying interest and a possible continuation of the recovery. The stock has also reclaimed its key short-term moving averages, with the price trading above the 10-day, 20-day and 50-day EMAs. This alignment reflects improving short-term price strength. The 200-day SMA near ₹3,792 continues to act as an important long-term trend reference. Momentum indicators are also turning favourable. The RSI has recovered sharply from oversold territory, moving above the 50 mark (58.11 in the latest chart), indicating a shift towards positive momentum. The MACD is trading above its signal line with positive histogram bars, suggesting strengthening bullish momentum. The ADX stands near 25.56, indicating improving trend strength. The DI+ crossover over DI-, as highlighted in the technical analysis, further supports the bullish outlook. Key Levels to Watch The ₹4,180–4,210 zone is an important accumulation area. Immediate resistance is placed around ₹4,245, while a sustained breakout could open the possibility of a move towards ₹4,470. On the downside, ₹4,080 is an important support and stop-loss reference. A decisive close below this level could weaken the current bullish setup. My View TVS Motor's technical structure is improving, supported by a trendline breakout, recovering momentum and favourable moving-average positioning. However, traders should watch for sustained price action above the breakout zone rather than chasing sharp rallies. Disclosure: The analyst or his family does not have any position in the stock. Disclaimer: This article is for educational purposes only and should not be considered investment advice. Please consult your financial advisor before making investment decisions.

THIS AUTO STOCK JUST CROSSED A MARK...SALES JUMP 29%

A major player in India's two-wheeler market has delivered a strong October performance, crossing 7 lakh total vehicle sales in a single month. And the biggest surprise? Its electric two-wheeler sales have more than doubled! The company behind this performance is

TVS Motor Records Strong Growth Across Sales And Profits

TVS Motor Records Strong Growth Across Sales And Profits

TVS Motor: Record quarterly sales and 52% profit growth

TVS Motor Company Limited (