NSE: TVSMOTOR · 29 October 2026
- TVS Motor Company Ltd shares moved up 0.95% on Wednesday, trading between an intraday low of ₹4,128.20 and a high of ₹4,308.10 before closing at ₹4,280.00.
- TVS Motor Company reported its highest ever quarterly operating revenue of ₹17,103 crores for the quarter ended September 30, 2026, marking a 44% growth compared to ₹11,905 crores in the same period last year. Profit after tax grew by 52% to ₹1,377 crores, driven by record overall two and three-wheeler sales of 1.9 million units, a 27% increase year-on-year.
- Trading volume was 2.60 times the 20-day average daily volume.
Why is Tvs Motor Company share price rising on 29 October 2026?
TVS Motor Company Ltd shares moved up 0.95% on Wednesday, trading between an intraday low of ₹4,128.20 and a high of ₹4,308.10 before closing at ₹4,280.00.
The broader market demonstrated positive momentum as the Nifty benchmark rose 1.05%, while the Nifty Auto sector index declined slightly by 0.24%.
The recent price movement coincides with significant corporate developments announced by the company on October 28, 2026, including a strong financial performance for the quarter ended September 30, 2026, where operating revenue grew 44% year-on-year to ₹17,103 crores and net profit increased 52% to ₹1,377 crores. Additionally, the board approved a composite scheme of arrangement to demerge its consumer finance and related business undertaking into a separate holding company, along with the acquisition of STPL Trading and Services Private Limited to increase its stake in TVS Credit Services.
18.76 lakh shares traded by 29 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 7.23 lakh shares (2.60 times). The five-day average daily volume was 7.51 lakh shares. Separately, the NSE report for 28 October 2026 showed 5.84 lakh shares delivered, representing 43.51% of that day’s traded volume. The same report recorded 89,083 trades.
The upward price movement and high trading volume coincide with the company's robust Q2 financial results, record sales figures, and the announcement of a major demerger of its consumer finance business, which together shaped positive market sentiment.
Latest Company Developments
TVS Motor Company reported its highest ever quarterly operating revenue of ₹17,103 crores for the quarter ended September 30, 2026, marking a 44% growth compared to ₹11,905 crores in the same period last year. Profit after tax grew by 52% to ₹1,377 crores, driven by record overall two and three-wheeler sales of 1.9 million units, a 27% increase year-on-year.
Demonstrates robust operational expansion and margin resilience across core automotive segments.
The board approved a Composite Scheme of Arrangement to demerge its consumer finance and related business undertaking into a separate holding company, Harita ARC Limited. Under the scheme, shareholders of TVS Motor will receive an equal number of shares in the resulting company, creating an independent platform with a higher potential leverage capacity for financial services growth.
Unlocks shareholder value by creating a dedicated, focused financial services entity alongside the core automotive business.
The board approved the acquisition of the entire stake of STPL Trading and Services Private Limited for a cash consideration of ₹530.08 crores. STPL holds a 7.5% share in Home Credit India Finance, and the transaction will ultimately result in an additional ~2.4% holding in TVS Credit Services post-merger.
Consolidates group lending and financial services assets to strengthen the consumer finance ecosystem.
a press release dated October 28, 2026, titled "Press release on the Composite Scheme of Arrangement ".
a press release dated October 28, 2026, titled "Press release on Un-audited Financial Results (Limited Reviewed) and presentation on financial performance for the quarter ended 30th September 2026".
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 15.58% on 30 September 2026. This compares with 16.29% on 30 June 2026, a change of -0.71 percentage points.
The filing reported 44 MF/UTI holders.
Research & Brokerage Views
Reviewed Q2 performance noting record market share and 47% EBITDA growth spurring target hikes, but maintained a Sell rating.
What to Watch Next
- Execution timeline and regulatory approvals for the composite demerger scheme
- Progress on the integration and consolidation of TVS Credit Services and STPL Trading
- Sustained volume trends and delivery participation against the 20-day average
- Upcoming monthly volume sales reports for the two- and three-wheeler segments
Other Dated Coverage
- Tvs Motor Company Share Price Today: Why TVSMOTOR Is Rising 3.74% | 28 October 2026 — 28 October 2026
- Tvs Motor Company Share Price Today: Why TVSMOTOR Is Falling 0.69% | 23 October 2026 — 23 October 2026
- Tvs Motor Company Share Price Today: Why TVSMOTOR Is Falling 0.47% | 22 October 2026 — 22 October 2026
More Tvs Motor Company news and dated analysis →
Frequently Asked Questions
What is the latest Tvs Motor Company company news?
TVS Motor Company reported its highest ever quarterly operating revenue of ₹17,103 crores for the quarter ended September 30, 2026, marking a 44% growth compared to ₹11,905 crores in the same period last year. Profit after tax grew by 52% to ₹1,377 crores, driven by record overall two and three-wheeler sales of 1.9 million units, a 27% increase year-on-year.
How strong was Tvs Motor Company’s trading volume?
18.76 lakh shares traded, 2.60 times the 20-day average daily volume. The price and volume data are dated 29 October 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.