TVS Motor Company rides high on registering growth of 13% in July sales
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
TVS Motor Company is currently trading at Rs. 936.15, up by 8.85 points or 0.95% from its previous closing of Rs. 927.30 on the BSE.
The scrip opened at Rs. 936.50 and has touched a high and low of Rs. 939.95 and Rs. 916.80 respectively. So far 32683 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 953.05 on 29-Jul-2022 and a 52 week low of Rs. 495.00 on 24-Aug-2021.
Last one week high and low of the scrip stood at Rs. 953.05 and Rs. 837.25 respectively. The current market cap of the company is Rs. 44430.15 crore.
The promoters holding in the company stood at 50.81%, while Institutions and Non-Institutions held 40.59% and 8.60% respectively.
TVS Motor Company has registered a growth of 13% in July 2022 with sales of 314,639 units as against 278,855 units in the month of July 2021. Total two-wheelers registered a growth of 14% in July 2022 with sales increasing from 262,728 units in July 2021 to 299,658 units in July 2022. Domestic two-wheeler registered growth of 15% with sales increasing from 175,169 units in July 2021 to 201,942 units in July 2022.
Motorcycle registered a growth of 8% with sales increasing from 138,772 units in July 2021 to 150,340 units in July 2022. Scooter registered a growth of 49% with sales increasing from 73,811 units in July 2021 to 110,196 units in July 2022. The Company's total exports grew by 9% from 103,133 units in July 2021 to 112,032 units in July 2022. Two-wheeler exports grew by 12% from 87,559 units in July 2021 to 97,716 units in July 2022. Three-wheeler of the Company registered sales of 14,981 units in July 2022 as against sales of 16,127 units in July 2021.
TVS Motor Company is a reputed two and three-wheeler manufacturer.
