TVS Motor shares in focus after hyper scooter launch and Nomura upgrade
TVS Motor shares have risen 3% in 2025 but remain 2% lower over the past year. Technically, the stock trades above all key simple moving averages, indicating bullish momentum. However, with the RSI at 80.9, overbought conditions point to a possible near-term pullback. The MACD at 127.7, above center and signal lines, reinforces strong upward momentum.