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TVS Motor Company gains on reporting 12% sales growth in October 2016

03 Nov 2016 Evaluate

TVS Motor Company is currently trading at Rs. 402.50, up by 1.95 points or 0.49% from its previous closing of Rs. 400.55 on the BSE.

The scrip opened at Rs. 405.00 and has touched a high and low of Rs. 405.50 and Rs. 402.25 respectively. So far 49,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 418.00 on 28-Oct-2016 and a 52 week low of Rs. 256.30 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 418.00 and Rs. 397.40 respectively. The current market cap of the company is Rs. 18,946.00 crore.

The promoters holding in the company stood at 57.40%, while Institutions and Non-Institutions held 30.21% and 12.40% respectively.

TVS Motor Company has clocked a sales growth of 12% during the month of October 2016, with total sales increasing from 274,622 units recorded in the month of October 2015 to 308,690 units in the month of October 2016. The company witnessed strong retail growth during the season. Total two-wheeler sales increased by 15.1% from 264,112 units recorded in October 2015 to 303,885 units in October 2016. Domestic two-wheeler sales grew by 17.6% increasing from 231,491 units in October 2015 to 272,229 units in October 2016.

Scooters registered sales of 92,417 units in the month of October 2016 as against 91,430 units in October 2015. Motorcycle sales grew by 14.5% increasing from 106,175 units in the month of October 2015 to 121,550 units in October 2016. Three-wheeler of the Company registered sales of 4,805 units in October 2016 as against 10,510 units in October 2015.

Besides, the company’s total exports registered sales of 35,134 units in the month of October 2016 as against 41,682 units in October 2015. Two-wheeler exports registered sales of 31,656 units in October 2016 as against 32,621 units in October 2015.


TVS Motor Share Price

3765.45 1.00 (0.03%)
21-Apr-2026 10:31 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9873.30
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TVS Motor 3765.45
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Ather Energy 894.00
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