UBS Raises TVS Motor target after new Jupiter launch, predicts 18% upside

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UBS maintains buy on TVS Motor, raises target price to ₹3,200 following new Jupiter launch

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TVS Motor launches next-generation Jupiter 110 scooter starting at ₹73,700

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TVS Motor shares rise nearly 3% to ₹2,706, hit 52-Week high after Jupiter launch

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TVS Motor stock gains 27% in 6 months, outperforming Nifty 50's 11% increase

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New Jupiter launch expected to add 15,000-20,000 units to TVS Motor's sales volume

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UBS estimates new Jupiter model could boost TVS's two-wheeler volumes by 7%

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Upgraded Jupiter 110 features 113.5cc engine with 8 bhp power and iGO assist technology

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