TVS Motor surges despite registering 8.34% fall in December sales

01 Jan 2013 Evaluate

TVS Motor Company is currently trading at Rs. 42.55, up by 0.75 points or 1.79% from its previous closing of Rs. 41.80 on the BSE.

The scrip opened at Rs. 42.15 and has touched a high and low of Rs. 42.90 and Rs. 41.85 respectively. So far 124663 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 55.50 on 17-Feb-2012 and a 52 week low of Rs. 31.90 on 04-Jun-2012.

Last one week high and low of the scrip stood at Rs. 43.25 and Rs. 41.35 respectively. The current market cap of the company is Rs. 2021.50 crore.

The promoters holding in the company stood at 57.40% while Institutions and Non-Institutions held 19.54% and 23.07% respectively.   

TVS Motor Company has reported 8.34% decline in sales for the month of December 2012. The company has registered total sales of 156,221 units in passing month as against 170,428 units registered in same month previous year.

The company’s total two wheeler sales fell by 9.63% with sales of 151,735 units in December 2012 against 167,905 units recorded in December 2011. The company has sold 60,210 motorcycle units in December 2012 against 56,662 units in the same month last year, registering a growth of 6%.

Further, the company’s domestic two-wheeler sales declined to 134,566 units as against 146,747 units in December 2011. Scooters registered sales of 30,398 units in December 2012 against 44,804 units in the same month of the previous year. The company witnessed a substantial increase in the three wheeler segment with sales growing by 78% from 2,523 units in December 2011 to 4,486 units in December 2012.

Meanwhile, the company’s total exports for the month of December 2012 stood at 20,251 units against 22,481 units in the same month of the previous year. Two wheeler exports reported for the month of December 2012 was 17,169 units in comparison with 21,158 units in December 2011.

TVS Motor Share Price

2252.10 2.75 (0.12%)
28-May-2024 15:31 View Price Chart
Peers
Company Name CMP
Bajaj Auto 8966.30
Hero MotoCorp 5178.70
TVS Motor 2252.10
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Atul Auto 515.75
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