TVS Motor Company inches up on partnering with Indian Oil Corporation

TVS Motor Company Ltd. | Automobile Two & Three Wheelers | Automobiles | BSE: 532343 | NSE: TVSMOTOR

09 Jul 2026 Evaluate

TVS Motor Company is currently trading at Rs. 3667.60, up by 30.40 points or 0.84% from its previous closing of Rs. 3637.20 on the BSE.

The scrip opened at Rs. 3676.70 and has touched a high and low of Rs. 3697.85 and Rs. 3,652.90 respectively. So far 4597 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3970.00 on 26-Feb-2026 and a 52 week low of Rs. 2730.00 on 25-Jul-2025.

Last one week high and low of the scrip stood at Rs. 3775.95 and Rs. 3,604.45 respectively. The current market cap of the company is Rs. 174242.95 crore.

The promoters holding in the company stood at 50.27%, while Institutions and Non-Institutions held 41.40% and 8.33% respectively.

TVS Motor Company has entered into strategic partnership with Indian Oil Corporation (IndianOil), India's largest integrated energy company, to strengthen last-mile LPG cylinder distribution through sustainable commercial mobility solutions. As part of the initiative, the company will work with IndianOil network of over 13,000 LPG distributors across the country, enabling the adoption of the TVS King Kargo HD vehicles for doorstep cylinder deliveries. This marks an important step towards enabling cleaner, more efficient, and cost-effective LPG cylinder distribution while supporting India's transition to green mobility.

Bringing together two trusted and respected organisations in their respective industries, the partnership combines TVS Motor's expertise in commercial mobility with IndianOil's extensive distributor network to advance efficient and sustainable LPG cylinder distribution across India.

The deployment of the TVS King Kargo HD range for LPG cylinder distribution is expected to reduce carbon emissions while offering IndianOil distributors a lower total cost of ownership. The initiative is designed to improve operational efficiency and profitability, while reinforcing both organisations' commitment to sustainability and the Government of India's clean mobility vision.

TVS Motor Company is a two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia.

TVS Motor Company Share Price

3618.65 53.65 (1.50%)

17-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bajaj Auto	10437.45
TVS Motor Company	3618.65
Hero MotoCorp	4911.25
Eicher Motors	7565.60
Ather Energy	1281.35
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