TVS Supply Chain shares in focus on bagging three-year contract from Daimler India

Shares of TVS Supply Chain Solutions Ltd will be in the spotlight on Tuesday, January 15, after it secured a three-year contract from Daimler India Commercial Vehicles (DICV).

The contract is for managing in-plant warehouse operations at the truck manufacturer’s facility in Oragadam, it said in a regulatory filing dated January 12.

It said that the partnership will reinforce TVS Supply Chain Solutions’ focus on delivering “efficient, technology-driven supply chain solutions” to global automotive manufacturers.

Under the agreement, around 700 employees from TVS Supply Chain Solutions will be deployed to manage end-to-end warehouse operations within DICV’s manufacturing facility, "ensuring seamless material flow, optimised inventory management and enhanced operational efficiency," the company said in a press release.

TVS Supply Chain Solutions CEO (India and MEA) Sukumar K said the company’s global experience with Daimler, combined with its expertise in in-plant logistics, automation-led operations and real-time visibility solutions, positioned it well to drive measurable efficiencies.

"We look forward to further strengthening their production ecosystem and supporting their commitment to world-class manufacturing," he added.

Commenting on the partnership, C. Muthu Maruthachalam, President & Chief Operating Officer, Daimler India Commercial Vehicles, said: “Efficient in-plant logistics is vital to our production success. Partnering with TVS Supply Chain Solutions allows us to leverage their proven expertise and technology-driven approach to enhance our operational performance.”

TVS Supply Chain stock performance

Shares of TVS Supply Chain closed 0.62% lower at ₹106.49 per unit on the National Stock Exchange (NSE) on Monday. However, the development was announced after the market closed.

The scrip has lost more than 5% in the past week and nearly 3% over the month. On a year-to-date basis, it has declined approximately 7%.

While the stock touched a 52-week low of ₹100.01 on December 9, 2025, it reached a year’s high of ₹171.94 per equity share on January 9, 2025.

TVS Supply Chain Solutions has a total market capitalisation of ₹4,698.13 crore, as of January 12, 2026, according to data on the NSE.