TVS Motor gains on registering sales growth of 6% in September 2021
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TVS Motor Company is currently trading at Rs. 570.00, up by 4.90 points or 0.87% from its previous closing of Rs. 565.10 on the BSE.
The scrip opened at Rs. 571.55 and has touched a high and low of Rs. 574.85 and Rs. 569.00 respectively. So far 865 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. 407.25 on 28-Oct-2020.
Last one week high and low of the scrip stood at Rs. 574.85 and Rs. 536.70 respectively. The current market cap of the company is Rs. 26847.17 crore.
The promoters holding in the company stood at 52.26%, while Institutions and Non-Institutions held 38.22% and 9.52% respectively.
TVS Motor Company has registered sales growth of 6% with 347,156 units in September 2021 as against sales of 327,692 units in the month of September 2020.
Total two-wheelers registered a growth of 6% with sales of 332,511 units in September 2021 as against sales of 313,332 units in September 2020. Domestic two-wheeler registered sales of 244,084 units in September 2021 as against sales of 241,762 units in September 2020.
Motorcycle registered a growth of 19% with sales of 166,046 units in September 2021 as against sales of 139,698 units in September 2020. Scooter sales of the Company registered 104,091 units in September 2021 as against sales of 103,877 units in September 2020.
Three-wheeler of the Company registered a growth of 2% with sales of 14,645 units in September 2021 as against sales of 14,360 units in September 2020.
TVS Motor Company is a reputed two and three-wheeler manufacturer.
