TVS Motor Company’s stock has reached a fresh record high in May 2023. Another reason behind the stock’s upward motion could be the company’s increased focus on electric vehicles for the future. TVS Motor’s shares have rallied over 250% over the past year and over 70% since the beginning of 2023. TVS Motors has a solid EV game plan as it has introduced a range of products including TVS Creon, a high-performance electric scooter. In summary, TVS Motors has shown impressive growth over the years as it has been able to sustain consistent profitability and even developed the capacity to expand in the International markets.

Source: Economic Times May 22, 2023 23:21 UTC