Shares of TVS Motor Company Ltd surged to a fresh 52-week high of ₹3,349 on Thursday, August 28, before cooling off slightly. As of the latest trade, the stock is still up 0.32% at ₹3,282.90, holding firm near record levels.
The rally comes after Jefferies placed TVS Motor among its top picks in the Autos & Auto Parts sector, alongside Mahindra & Mahindra, Maruti Suzuki and Eicher Motors. The brokerage noted that GST rate rationalization is likely before the festive season, which could benefit the auto sector significantly.
📌 Stock details:
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Day Range: ₹3,277.90 – ₹3,349
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Market Cap: ₹7.81 lakh crore
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P/E Ratio: 65.52
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Dividend Yield: 0.30%
According to Jefferies, TVS Motor’s 2W registration market share has risen from 15% in FY21-22 to 19% in YTD-FY26 (August: 20%), reflecting strong demand momentum.
