TVS, Eicher Motors hit fresh 52-week high; Ola jumps 9% after recovering market share; here’s why

Shares of TVS Motor Company rose 2% to hit a new 52-week high of Rs 3897.50 after clocking robust sales numbers for Q3FY2026. During the third quarter of the financial year 2025-26, registered the highest-ever quarterly sales of 15.44 Lakh units. 

The two-wheeler of the company registered a growth of 25% with sales increasing from 11.83 Lakh units in Q3FY25 to 14.84 Lakh units in Q3FY26. The three-wheeler segment of the company registered a growth of 106% with sales increasing from 0.29 Lakh units in Q3FY25 to 0.60 Lakh units in Q3FY26. In the International business, the company registered a growth of 40% with sales increasing from 2.94 Lakh units in Q3FY25 to 4.10 Lakh units in Q3FY26.

The company recorded monthly sales of 481,389 units in December 2025, with a growth of 50% to 321,687 units in December 2024.

Eicher Motors shares hit a 52-week high

Shares of Eicher Motors hit a fresh 52-week high of Rs 7,382.50 after announcing strong sales data. Royal Enfield posted monthly sales of 1,03,574 motorcycles in December 2025. The company witnessed 30% growth over the same period last year, against 79,466 motorcycles sold during the same month in the previous financial year. 

Ola Electric shares rise

Ola Electric Mobility also soared 9% after the company announced that it had increased its market share to 9.3% in December from 7.2% in November. The company saw 9,020 units registered in December. Ola’s market share in the 2nd half of December 2025  further increased to nearly 12%, while reclaiming its position among the top three EV players in nearly a dozen states such as Tamil Nadu, Uttar Pradesh, Bihar, Jharkhand, Punjab and Haryana.

Ola’s comeback was driven by Hyperservice, a program launched to strengthen its service backbone structurally. The program is designed to directly address backlog resolution, workforce capacity, parts availability, and customer self-service - key levers to unlock demand momentum at scale. “The program delivers significant improvement in service resolution speed, with 77% of service requests experiencing same-day completion in December 2025,” the statement read.

Alongside service recovery, Ola Electric commenced deliveries of its 4680 Bharat Cell-powered S1 Pro+ 5.2 kWh scooters in November 2025, seeing strong early demand. Additionally, the company received Government certification for its 4680 Bharat Cell-powered Roadster X+ Motorcycle in December 2025, extending the 4680 Bharat Cell platform across scooters and motorcycles.

Bajaj Auto shares decline 

On the other hand, Bajaj Auto’s shares declined 3%, as it recorded a small 3% jump in domestic 2-wheeler sales in December on a YoY basis. The two-wheeler major’s total sales, however, increased 14% to 3.69 lakh units in the same month, up from 3.23 lakh units reported in December 2024. On a YTD basis for the current fiscal year, Bajaj Auto sold 17,27,128 units, lower than last fiscal year’s (YTD) of 18,07,153  units, declining by 4%.

Hero MotoCorp shares advance 

Shares of Hero MotoCorp rose above 2% to trade at Rs 6,029.50 after it recorded strong dispatch growth of 40% in December 2025 with 456,479 units, compared to 324,906 units during the same period last year and recorded 291,732 units. The ICE scooter segment witnessed a notable growth of 45% during the quarter, led by new models including Destini 110, Destini 125, Xoom 125 and Xoom 160. VIDA, Hero MotoCorp’s Emerging Mobility business, reported robust performance with 10,701 registrations during December 2025, with a market share of 11%.