DSIJ Mindshare

TVS Motors strengthens its premium portfolio ahead of the festive season
Anthony Fernandes
/ Categories: Trending, Mindshare

TVS Motors strengthens its premium portfolio ahead of the festive season

Launches TVS Apache RTR 160 4V Special Edition, complementing the TVS Apache series portfolio

Two and three-wheeler maker, TVS Motors announced an advanced range of TVS Apache RTR 160 4V series of motorcycles, broadening its TVS Apache series portfolio ahead of the festive season. 

The series of motorcycles would be equipped with a new headlamp assembly and signature Daytime Running Lamp (DRL), and three ride modes. It would sport first-in-segment features including an adjustable clutch and brake levers. The top-end variant of the Apache RTR 160 4V will be equipped with the TVS SmartXonnect. 

Commenting on the launch, Meghashyam Dighole, Head – (Marketing) Premium Motorcycles, TVS Motor Company, stated that the company was delighted to introduce the advanced range of TVS Apache RTR 160 4V series of motorcycles, offering an array of first-in-segment features in its class. He added that the launch would complement the TVS Apache series product portfolio, further strengthening TVS Motor Company’s premium two-wheeler offering.

In contrast with Hero Moto Corp and Bajaj Auto, TVS Motors registered a growth of 6 per cent in September 2021 with sales of 332,511 units as against sales of 313,332 units in September 2020. Domestic two-wheeler registered sales of 244,084 units in September 2021 as against sales of 241,762 units in September 2020. 

At 2.45 pm on Friday, the stock of TVS Motors Limited was trading at Rs 560.40, up by 0.45 per cent or Rs 2.50 per share, against a 0.81 per cent gain in the benchmark index. The 52-week high of the company was recorded at Rs 665.70, while its 52-week low is Rs 407.25 on BSE.    

Previous Article Lincoln Pharma gets green signal from Australian regulator to enter the market
Next Article These stocks made Rakesh Jhunjhunwala net worth increase by Rs 7,000 crore in less than seven months
Print
1003 Rate this article:
4.3
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR