TVS Motor Company falls despite registering sales of 238,983 units in April 2021
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TVS Motor Company is currently trading at Rs. 620.40, down by 10.55 points or 1.67% from its previous closing of Rs. 630.95 on the BSE.
The scrip opened at Rs. 616.50 and has touched a high and low of Rs. 637.00 and Rs. 615.30 respectively. So far 97246 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 661.10 on 28-Apr-2021 and a 52 week low of Rs. 300.85 on 20-May-2020.
Last one week high and low of the scrip stood at Rs. 661.10 and Rs. 532.65 respectively. The current market cap of the company is Rs. 30001.75 crore.
The promoters holding in the company stood at 57.40%, while Institutions and Non-Institutions held 33.18% and 9.42% respectively.
TVS Motor Company has registered sales of 238,983 units in April 2021 as against 9,640 units in April 2020. A domestic sale in April 2021 is lower due to lockdowns in many states, but retails continue to be ahead of despatch. Total two-wheelers registered sales of 226,193 in April 2021 as against 8,134 units in April 2020. Domestic two-wheeler sales registered 131,386 units in April 2021. Scooter sales of the Company registered sales of 65,213 units in April 2021. Motorcycle registered sales of 133,227 units in April 2021.
The Company's total exports registered sales of 107,185 units in April 2021 as against 9,640 units registered in the month of April 2020. Two-wheeler exports recorded sales of 94,807 units in April 2021 as against 8,134 units in April 2020. Three-wheeler of the Company recorded sales of 12,790 units in April 2021 as against 1,506 units in April 2020.
TVS Motor Company is a reputed two and three-wheeler manufacturer.
