TVS Motor Company has become India's largest two-wheeler manufacturer by total monthly sales for the first time, driven by robust international business and exports, selling 565,417 two-wheelers globally in June, a 47% increase from the previous year.

TVS Motor reports the strongest sales in June among two-wheeler makers.

TVS Motor Company was noted for its strong performance in two-wheeler dispatches, with robust growth contributing to the overall positive momentum in the auto sector for June 2026. Emkay favors TVS on a structural basis among two-wheeler manufacturers.

TVS Motor reported record quarterly sales of 16.31 lakh units in Q1 FY2026-27, marking a 47% year-on-year increase, driven by strong domestic demand, exports, and electric vehicle sales. The company also saw significant growth in its two-wheeler and three-wheeler segments, with total two-wheeler sales rising to 15.64 lakh units and international business growing by 33%.

TVS Motor retained its leadership position in the electric two-wheeler market with 44,467 registrations in June, reflecting a 65.2 percent increase year-on-year, and accounted for 24.5 percent of the market share.

TVS Motor Company's Apache RTR 200 Fi E100, launched in 2019 as a 100% ethanol motorcycle, was withdrawn after failing to record a sale due to lack of supporting E100 dispensing infrastructure.

Sudarshan Venu, chairman of TVS Motor Company, expressed support for the Delhi government's new EV policy, describing it as proactive and forward-looking, and reaffirming the company's commitment to developing sustainable mobility products.

TVS Motor has broken above a minor double-top formation with strong volumes, and indicators show strengthening bullish momentum, leading to a target price of Rs 3,700-3,720.