Rs 475,00,00,000 Dividend Payout: Two-Wheeler Manufacturer Declares 1,000 Per Cent Interim Dividend
The stock is up by 15 per cent in just 1 year and has given multibagger returns of over 500 per cent in 5 years.
The Board of Directors of TVS Motor Company Ltd has declared an interim dividend of Rs 10 per share (1000 per cent) for the financial year ending 31st March 2025. This decision will absorb a sum of Rs 475 crores, benefiting shareholders who hold shares in both physical and electronic forms as of the record date, 26th March 2025. The interim dividend will be distributed within 30 days of declaration, under the Companies Act, 2013. TVS Motor, a prominent player in the two-wheeler industry, has consistently delivered multi-fold returns, making it an exciting pick for investors.
The company is known for its diverse product portfolio, including motorcycles, scooters, and mopeds, and has a significant market share of approximately 25 per cent as of H1FY24. TVS Motor also expands its presence in international markets, with exports accounting for 28 per cent of its geographical split in FY23. The company's strategic initiatives, such as partnerships with BMW Motorrad and Tata Power, and its focus on electric vehicles, underscore its commitment to innovation and growth.
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TVS Motor Company Ltd is a leading manufacturer in the two-wheeler industry, producing a wide range of motorcycles, scooters, and mopeds. The company holds a strong market position with a 25 per cent market share as of H1FY24 and is the only player in India with a presence in all three categories. TVS Motor has a robust product portfolio and is actively expanding its reach in international markets, exporting to countries such as Nigeria, Bangladesh, and Ethiopia.
The company is committed to innovation, with plans to launch a diversified electric vehicle portfolio in FY24-FY25. TVS Motor has also formed strategic partnerships, including a cooperation agreement with BMW Motorrad and a collaboration with Tata Power to enhance electric vehicle charging infrastructure. With manufacturing facilities in Tamil Nadu, Karnataka, and Himachal Pradesh, the company has a significant production capacity for both two-wheelers and three-wheelers. TVS Motor Company has a market capitalization of over Rs 1,00,000 crore. The stock is up by 15 per cent in just 1 year and has given multibagger returns of over 500 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.