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TVS Motor dips on reporting 2% fall in September sales

05 Oct 2015 Evaluate

TVS Motor Company is currently trading at Rs. 228.60, down by 1.00 points or 0.44% from its previous closing of Rs 229.60 on the BSE.

The scrip opened at Rs. 232.00 and has touched a high and low of Rs. 232.00 and Rs. 227.40 respectively. So far 43330 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 322.30 on 19-Jan-2015 and a 52 week low of Rs. 201.00 on 24-Aug-2015.

Last one week high and low of the scrip stood at Rs. 237.80 and Rs. 226.35 respectively. The current market cap of the company is Rs. 10855.74 crore.

The promoters holding in the company stood at 57.40% while Institutions and Non-Institutions held 27.07% and 15.53% respectively.

TVS Motor Company has reported 1.68% drop in sales for the month of September 2015, with total sales falling from 236,751 units recorded in the month of September 2014 to 232,775 units in the month of September 2015. However, the company's total exports grew by 33% to 41,435 units in September 2015 from 31,229 units in September 2014. Two wheeler exports grew by 30% to 30,908 units in September 2015 from 23,834 units in September 2014.

Total two wheeler sales stood at 221,002 units in September 2015 compared to 227,589 units sold in September 2014. Domestic two wheeler sales in September 2015 stood at 190,094 units against 203,755 units in September 2014. Furthermore, Scooters sales of the company grew by 14% to 75,369 units in September 2015 increasing from 65,993 units in September 2014. Motorcycles sales stood at 90,378 units in September 2015 against 91,627 units in September 2014.

Three wheeler sales of the company registered an increase of 28% to 11,773 units in September 2015 growing from 9,162 units in September 2014.

TVS Motor Company is the flagship of the $7 billion Indian conglomerate, TVS Group which recently celebrated one hundred years in the automotive business in India.

TVS Motor Share Price

3753.10 9.50 (0.25%)
20-Apr-2026 10:40 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9790.35
Hero MotoCorp 5277.95
TVS Motor 3753.10
Eicher Motors 7181.55
Ather Energy 885.95
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