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TVS Motor rises on registering 21% growth in November sales

02 Dec 2020 Evaluate

TVS Motor is currently trading at Rs. 502.50, up by 2.35 points or 0.47% from its previous closing of Rs. 500.15 on the BSE.

The scrip opened at Rs. 506.80 and has touched a high and low of Rs. 508.75 and Rs. 501.25 respectively. So far 40547 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 508.90 on 01-Dec-2020 and a 52 week low of Rs. 240.10 on 07-Apr-2020.

Last one week high and low of the scrip stood at Rs. 508.90 and Rs. 472.80 respectively. The current market cap of the company is Rs. 24027.53 crore.

The promoters holding in the company stood at 57.40%, while Institutions and Non-Institutions held 32.56% and 10.05% respectively.

TVS Motor Company has registered a 21 percent growth in total sales at 322,709 units in November 2020 as against 266,582 units in the month of November 2019.

Total two-wheelers sales grew by 25% recording 311,519 units in November 2020 as against 249,350 units in November 2019. Domestic two-wheeler sales posted a growth of 30% registering 247,789 units in November 2020 as against 191,222 units in November 2019. Motorcycle grew by 26% recording 133,531 units in November 2020 as against 105,963 units in November 2019. Scooter sales of the Company grew by 26% registering 106,196 units in November 2020 as against 84,169 units in November 2019.

The Company's total exports registered 74,074 units in the month of November 2020 as against 74,060 units in November 2019. Two-wheeler exports registered a growth of 10% with 63,730 units in November 2020 as against 58,128 units in November 2019. The exports were adversely affected due to the unavailability of containers and impact on operations of Chennai port on account of Cyclone Nivar in the last week of November 2020. Three-wheeler of the Company registered sales of 11,190 units in November 2020 as against 17,232 units in November 2019.

TVS Motor Company is a reputed two and three-wheeler manufacturer.

TVS Motor Share Price

3743.60 -7.00 (-0.19%)
17-Apr-2026 16:59 View Price Chart
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