TVS Motor Company shares rose 4.6% in morning trade on the Bombay Stock Exchange on Wednesday, extending a rally that has lifted the stock 10% over two sessions.
The shares opened at ₹3,845.05, up from the previous close of ₹3,791.60, and climbed to an intraday high of ₹3,965, nearing the 52-week peak of ₹3,970 set in late February.
63 million in the June quarter, marking the highest quarterly sales in the company's history and representing a 28% year-on-year increase.
The market reaction follows the company's release of first-quarter fiscal 2027 results, which showed robust growth across key metrics.
TVS Motor reported consolidated net profit of ₹1,019.43 crore for the period ended June 30, a 67.1% increase year-on-year.
The earnings expansion was driven by record-breaking sales volumes.
Unit deliveries reached 1.63 million in the June quarter, marking the highest quarterly sales in the company's history and representing a 28% year-on-year increase.