Tuesday, 3 September 2019

TVS Motor trades in green on the bourses

TVS Motor Company is currently trading at Rs. 360.95, up by 8.05 points or 2.28% from its previous closing of Rs. 352.90 on the BSE.


The scrip opened at Rs. 351.90 and has touched a high and low of Rs. 363.45 and Rs. 346.40 respectively. So far 47215 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 604.00 on 21-Sep-2018 and a 52 week low of Rs. 340.30 on 31-Jul-2019.

Last one week high and low of the scrip stood at Rs. 379.00 and Rs. 344.15 respectively. The current market cap of the company is Rs. 17148.27 crore.

The promoters holding in the company stood at 57.40%, while Institutions and Non-Institutions held 32.09% and 10.52% respectively.

TVS Motor Company has registered sales of 290,455 units in August 2019 as against sales of 279,465 in July 2019, and 343,217 units in the month of August 2018.

Total two-wheeler registered sales of 275,851 units in August 2019 as against sales of 330,076 units in the month of August 2018. Domestic two-wheeler registered sales of 219,528 units in August 2019 as against sales of 275,688 units in the month of August 2018.

Total motorcycle sales of the company registered 109,393 units in August 2019 as against sales of 131,743 units in August 2018. Total scooter sales of the Company registered 109,272 units in August 2019 as against sales of 126,676 units in August 2018.

The Company's total exports grew by 6% increasing from 66,028 units in August 2018 to 69,702 units in August 2019. Two-wheeler exports grew by 4% increasing from 54,388 units in August 2018 to 56,323 units in August 2019.

Three-wheeler sales of the Company grew by 11% increasing from 13,141 units in August 2018 to 14,604 units registered in August 2019.

TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group.

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