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Two-wheeler manufacturers stocks ride high after SIAM’s sales report

12 Dec 2023 Evaluate

Two-wheeler manufacturers stocks were riding high on the BSE, after industry body, the Society of Indian Automobile Manufacturers (SIAM) in its latest report has showed that two-wheeler sales rose to 16,23,399 units in November 2023, a growth of 31 per cent as compared to 12,36,282 units in November 2022, while three-wheeler dispatches also rose to 59,738 units in November 2023, registering an increase of 31 per cent over 45,664 units in last November.

Bajaj Auto is currently trading at Rs. 6250.90, up by 106.30 points or 1.73% from its previous closing of Rs. 6144.60 on the BSE.

Hero MotoCorp is currently trading at Rs. 3750.20, up by 45.40 points or 1.23% from its previous closing of Rs. 3704.80 on the BSE.

TVS Motor Company is currently trading at Rs. 1938.20, up by 6.25 points or 0.32% from its previous closing of Rs. 1931.95 on the BSE.


Peers
Company Name CMP
Bajaj Auto 10032.50
TVS Motor Company 4022.00
Hero MotoCorp 5080.00
Eicher Motors 7059.00
OLA Electric Mobilit 36.69
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