TVS Motor Share Price in Focus as Board to Consider Interim Dividend on March 20

TVS Motor Company’s stock will be in focus on March 20 as the company’s board meets to discuss an interim dividend for the financial year ending March 31, 2025.

In a stock exchange filing on March 13, TVS Motor stated, “A board meeting is scheduled for Thursday, March 20, 2025, to consider and declare an interim dividend, if any, for the shareholders for the financial year ending March 31, 2025.”

The company added that details about the dividend amount, record date, and payment date will be shared after the board meeting.

Previously, TVS Motor announced a dividend of ₹8 per share on February 27, 2024, which was paid on March 19, 2024. In January 2023, it declared a ₹5 per share dividend, paid on February 2.

Strong Sales Growth in February 2025

TVS Motor saw a 10% year-on-year (YoY) growth in vehicle sales in February 2025, reaching 4,03,976 units compared to 3,68,424 units in February 2024.

• Two-wheeler sales grew 10% to 3,91,889 units from 3,57,810 units.
• Domestic two-wheeler sales increased 3% to 2,76,072 units from 2,67,502 units.
• Electric vehicle (EV) sales surged 34%, rising to 24,017 units from 17,959 units.
• Two-wheeler exports jumped 16% to 87,670 units from 75,653 units.

TVS Motor Reduces Stake in IFQM

On March 19, TVS Motor announced that its stake in the Indian Foundation for Quality Management (IFQM) dropped to 18.18% after fresh shares were issued to new investors.

Since the company now holds less than 20%, IFQM is no longer classified as an associate company of TVS Motor under the Companies Act, 2013.

Stock Performance and Market Reaction

As of 9:53 AM IST on March 20, TVS Motor Company share price is trading at ₹2,346.80, up ₹27.05 or 1.17% for the day. The stock opened at ₹2,348.15, reaching a high of ₹2,352.85 and a low of ₹2,335.05. 

The stock’s 52-week high stands at ₹2,958.00, while its 52-week low is ₹1,873.00. Over the past 6 months, the stock has declined by 16.74%, dropping ₹471.35. However, it has gained 15.20% in the past year, rising ₹309.30. Over the last 5 years, TVS Motor’s stock has surged 517.23%, adding ₹1,964.45 to its value.

Despite being 21.5% below its peak, the stock has climbed 24% from its lowest point in the past year. Investors will be watching closely for the outcome of the board meeting and its impact on stock movement.

Conclusion

With strong sales growth and a possible interim dividend, TVS Motor remains a key stock to watch. Investors will be keen on the board’s decision and its impact on share prices.

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