TVS Motor Company Ltd rallied as much as 4.5 per cent in trade on Wednesday to hit its fresh 52-week high of Rs 193.10, after the two wheeler maker said it is eyeing about 18 per cent market share in the country's two-wheeler segment over the next two years on the back of its recently launched products as well as new launches planned in the future.
The company, which today expanded its scooter range with the launch of Scooty Zest 110 priced at Rs 42,300 (ex-showroom Delhi), plans to introduce a couple of new products, including a completely new Apache bike in the next 6-9 months.
The company, which today expanded its scooter range with the launch of Scooty Zest 110 priced at Rs 42,300 (ex-showroom Delhi), plans to introduce a couple of new products, including a completely new Apache bike in the next 6-9 months.
"Our market share last year stood at 12 per cent. Currently, it is around 13.5 per cent. By the end of this year we expect it to touch 14-14.5 per cent and in the next two years it should be around 18 per cent," PTI reported quoting TVS Motor Company Vice-President (Sales) J S Srinivasan.
No comments:
Post a Comment