TVS Motor falls after registering two-wheeler sales of 8.84 lakh units in Q1FY20

23 Jul 2019 Evaluate

TVS Motor Company is currently trading at Rs. 372.75, down by 6.90 points or 1.82% from its previous closing of Rs. 379.65 on the BSE.

The scrip opened at Rs. 380.15 and has touched a high and low of Rs. 387.70 and Rs. 361.25 respectively. So far 143603 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 604.00 on 21-Sep-2018 and a 52 week low of Rs. 361.25 on 23-Jul-2019.

Last one week high and low of the scrip stood at Rs. 427.60 and Rs. 361.25 respectively. The current market cap of the company is Rs. 17818.14 crore.

The promoters holding in the company stood at 57.40%, while Institutions and Non-Institutions held 32.09% and 10.52% respectively.

TVS Motor Company has registered two-wheeler sales of 8.84 lakh units including exports during quarter ended June 2019 against 8.93 lakh units reported in the quarter ended June 2018 despite the Industry decline of 9.7%.

The company’s Motorcycle sales grew by 7.8% to 4.17 lakh units in the quarter ended June 2019 from 3.87 lakh units registered in the quarter ended June 2018. The scooter sales of the company for the quarter under review grew by 2.4% to 2.95 lakh units from 2.88 lakh units in the quarter ended June 2018.

The total export of the company grew by 10% to 2.09 lakh units during the quarter ended June 2019 from 1.90 lakh units in the quarter ended June 2018. The total three wheelers sales grew by 11.1% to 0.40 lakh units in the quarter ended June 2019 from 0.36 lakh units in the quarter ended June 2018.

TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group.

TVS Motor Share Price

2151.45 27.40 (1.29%)
28-Mar-2024 16:01 View Price Chart
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