Ahead Of The Game With TVS Motor: Whopping Returns Of 26,950%
If you had ₹1 lakh invested in TVS in September 2001, you could have had ₹4.36 crores today! This multibagger gave its investors ₹2,69,50,000 in profits and ₹1,67,37,500 in dividends. Here’s a closer look at the company.
🏍️ Stock Name: TVS Motor Company Ltd.
🏍️ NSE: $TVSMOTOR
⭐ About The Company
TVS Motor is the third largest two-wheeler manufacturer and the second largest exporter in India, exporting to more than 60 Countries. It has a revenue of over ₹18,217 crores, with an annual capacity of more than 49.5 lakh vehicles and an annual sale of more than 30 lakh units.
🛒 Product Portfolio
It has four manufacturing plants, three located in India and one in Indonesia.
🛵 Commuter motorcycles
🛵 Racing-inspired motorcycles
🛵 Electric Vehicles
🛵 Three Wheelers
TVS has served more than 4.4 crore customers to date.
🌟 Key Developments
TVS Motor said that it has entered into a strategic partnership with Tata Power to implement Electric Vehicle Charging Infrastructure (EVCI) across India and to deploy solar power technologies across TVS’ locations. This partnership aims to boost electric two-wheeler charging infrastructure to accelerate electric mobility in India.
💰 Stock Value
On September 21, 2001, the shares of the company were trading at ₹4, while they were priced at ₹1082 as of September 20, 2022.