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TVS Motor trades jubilantly on reporting 16% growth in September sales

01 Oct 2013 Evaluate

TVS Motor Company is currently trading at Rs. 39.10, up by 2.30 points or 6.25 % from its previous closing of Rs. 36.80 on the BSE.

The scrip opened at Rs. 37.40 and has touched a high and low of Rs. 40.30 and Rs. 37.10 respectively. So far 2408498 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 50.25 on 11-Jan-2013 and a 52 week low of Rs. 28.10 on 31-Jul-2013.

Last one week high and low of the scrip stood at Rs. 36.90 and Rs. 33.05 respectively. The current market cap of the company is Rs. 1859.97 crore.

The promoters holding in the company stood at 57.40 % while Institutions and Non-Institutions held 20.71 % and 21.90 % respectively.

TVS Motor Company has registered 16% increase in total sales in September 2013 which stood at 1,97,409 units as against 1,70,097 units in the same month last year. The company’s total two-wheeler sales stood at 1,89,609 units in the month against 1,65,092 units in the year ago period, up 15%. Domestic two-wheeler sales surged 13% at 1,68,598 units in the month under review against 1,49,191 units in September 2012.

Moreover, the Motorcycles sales grew by 30% to 83,043 units in September from 63,832 units in the same month last year, while scooters sales increased by 8% to 43,201 units as against 40,055 units in the same month last year.

The exports during the month grew by around 47% at 27,577 units in September 2013 as compared to 18,818 units in the corresponding period last year. Two wheeler exports registered a growth of 32% with sales growing from 15,901 units in September 2012 to 21,011 units in September 2013.

The company witnessed a significant increase in sales of three wheelers with sales growing by 56% from 5,005 units in September 2012 to 7,800 units in September 2013.

 

TVS Motor Share Price

3743.60 -7.00 (-0.19%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9777.15
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TVS Motor 3743.60
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