Here are the stocks to watch before going into trade today.

Stocks To Watch: Tata Power, TVS Motor, Vedanta, Dabur, Bharti Airtel, ONGC

Here are the earnings estimates of major companies that are scheduled to announce their results on Tuesday.

Tata Power, Vedanta, TVS Motor, Lupin Q1 Results Today — Earnings Estimates

Power Finance Corp, Vedanta, Tata Power, Britannia Industries, TVS Motor, Bosch, Shree Cement, Solar Industries, Lupin, Linde India, PB Fintech, PI Industries, Berger Paints, Gujarat Gas, and others will announce their June quarter results.

Q1 results this week: LIC, Airtel, Vedanta, Eicher Motors, Tata Power and others

Total two-wheelers registered a growth of 9% with sales increasing from 312,307 units in July 2023 to 339,676 units in July 2024. Domestic two-wheeler registered growth of 8% with sales increasing from 235,230 units in July 2023 to 254,250 units in July 2024.

TVS Motor Company records 9% growth in July sales

TVS Motor Company on Thursday reported a 9 per cent increase in total sales at 3,54,140 units in July as compared to 3,25,977 units in the same month last year.

TVS Motor’s sales grow by 9% to 354,140 units in July, EV sales up 61%

TVS Motor Company rallied 2.16% to Rs 2,584.90 after its total sales rose 9% to 354,140 units in July 2024 as compared with 325,977 units in July 2023.

TVS Motor hits record high as total sales climb 9% YoY in Jul′24

TVS Motor Company Ltd is quoting at Rs 2595.55, up 2.55% on the day as on 12:49 IST on the NSE. The stock is up 88.12% in last one year as compared to a 27.98% gain in NIFTY and a 71.67% gain in the Nifty Auto index.

TVS Motor Company Ltd soars 2.55%, Gains for third straight session

Bajaj Auto and TVS Motor unveiled CNG-powered bikes and scooters, aiming to reduce ownership costs. City gas suppliers like Indraprastha Gas and Mahanagar Gas are ramping up infrastructure to support this trend. This move is expected to increase CNG sales, with the two-wheeler market showing promising growth.

City gas cos pin hopes on CNG 2-wheelers to ride over EV threat

Union Budget 2024-25 exempts customs duties on lithium and cobalt. Extends concessional customs duty on Li-Ion cells till March 2026, removes 2% e-transaction levy. SIAM, ACMA, Deloitte’s Rajat Mahajan, Hero MotoCorp, Ashok Leyland, Mercedes-Benz India, and TVS Motor laud the budget for boosting EVs, infrastructure, and sustainability.

Customs duty exemption on lithium, cobalt to aid growth of EV sector: Auto Inc

Budget expectations: India’s Finance Minister, Nirmala Sitharaman, is set to present the country’s FY25 budget on July 23, marking the first of Modi 3.0’s first budgets. The budget is expected to focus on rural schemes to boost consumption, benefiting companies like Hindustan Unilever, TVS Motor, and Hero MotoCorp. A less than 5-7 per cent increase in tobacco taxes could be beneficial for ITC, while production-linked incentive schemes could benefit Dixon Technologies, Ideaforge Technology, and Biocon.

Budget 2024: These sectors are the potential winners and losers of Modi 3.0 budget

TVS Motor has appointed a new management at Norton Motorcycles and announced plans to launch six new motorcycles under the brand in the next three years.

TVS Motor Kickstarts $200 Million Overhaul Of British Unit Norton Motorcycles

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

TVS Motor Company Limited is engaged in the manufacturing of motorcycles, scooters, mopeds, three wheelers, parts and accessories.

TVS Motor Company Ltd