TVS Motor Shares Surge on Sri Lanka EV MAX Launch

TVS Motor Company shares traded higher today, gaining 0.22% following the launch of its new connected electric three-wheeler, the TVS King EV MAX, in Sri Lanka. The stock advanced 9.50 points to Rs. 4323.55 on the BSE.

Market Performance Snapshot

• Current Trading Price: Rs. 4323.55
• Previous Close: Rs. 4314.05
• Opened At: Rs. 4324.80
• Day’s High: Rs. 4336.70
• Day’s Low: Rs. 4295.10
• Shares Traded: 4311
• Market Capitalisation: Rs. 204285.08 crore

The company’s stock, with a face value of Rs. 1, has demonstrated a wide trading range over the past year. It recorded a 52-week high of Rs. 4473.50 on August 10, 2026, and a 52-week low of Rs. 2985.25 on August 14, 2025. Last week’s trading saw a high of Rs. 4473.50 and a low of Rs. 4,295.10.

TVS King EV MAX Debuts in Sri Lanka

The TVS King EV MAX, an electric three-wheeler, launched in Sri Lanka, combines technology with sustainability and performance. It aims to provide a smart, future-ready solution for urban commuting, emphasizing robust build and durability. This launch reinforces TVS Motor Company’s commitment to innovation.

• Range: 179 km on a single charge
• Fast Charging: 0 to 80% in just 2 hours 30 minutes
• Acceleration: 0 to 30 km/h in 3.7 seconds
• Connectivity: TVS SmartXonnect for real-time navigation, alerts, and diagnostics

The TVS King EV MAX is currently available at select dealerships in Sri Lanka, with broader channel network availability projected by September 2026. TVS Motor Company operates as a global manufacturer of two and three-wheelers, with four advanced manufacturing facilities located in India and Indonesia.

Company Ownership Breakdown

• Promoters: 50.27%
• Institutions: 41.56%
• Non-Institutions: 8.17%

The strategic rollout in Sri Lanka highlights TVS Motor Company’s ongoing efforts to expand its sustainable mobility solutions internationally. This move positions the company to capture a growing segment of the electric vehicle market in the region.