06-02-2021 03:37 PM | Source: Accord Fintech
TVS Motor Company rises on registering sales of 166,889 units in May
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TVS Motor Company is currently trading at Rs. 615.80, up by 3.45 points or 0.56% from its previous closing of Rs. 612.35 on the BSE.

The scrip opened at Rs. 608.05 and has touched a high and low of Rs. 619.50 and Rs. 607.25 respectively. So far 80865 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 665.70 on 27-May-2021 and a 52 week low of Rs. 316.55 on 12-Jun-2020.

Last one week high and low of the scrip stood at Rs. 665.70 and Rs. 607.25 respectively. The current market cap of the company is Rs. 29191.73 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 166,889 units in May 2021 as against sales of 58,906 units in the month of May 2020. A domestic sale in May 2021 is lower due to lockdowns in many states, but retails continue to be ahead of dispatch. Total two-wheelers registered sales of 154,416 units in May 2021 as against sales of 56,218 units in May 2020. Motorcycle registered sales of 125,188 units in May 2021 as against 26,772 units in May 2020. Scooter sales of the Company registered 19,627 units in May 2021 as against sales of 16,120 units in May 2020. Domestic two-wheeler registered 52,084 units in May 2021 as against sales of 41,067 units in May 2020.

The Company's total exports registered sales of 114,674 units in the month of May 2021 as against sales of 17,707 units in May 2020. Two-wheeler exports registered sales of 102,332 units in May 2021 as against 15,151 units in May 2020. The demand in the international market continues to be robust. Three-wheeler of the Company registered sales of 12,473 units in May 2021 as against sales of 2,688 units in May 2020.

TVS Motor Company is a reputed two and three-wheeler manufacturer.