TVS Motor Company is currently trading at Rs. 700.70, up by 30.40 points or 4.54% from its previous closing of Rs. 670.30 on the BSE.
The scrip opened at Rs. 680.00 and has touched a high and low of Rs. 706.70 and Rs. 679.60 respectively. So far 162438 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 706.70 on 02-Nov-2021 and a 52 week low of Rs. 445.60 on 22-Dec-2020.
Last one week high and low of the scrip stood at Rs. 706.70 and Rs. 592.50 respectively. The current market cap of the company is Rs. 33239.47 crore.
The promoters holding in the company stood at 52.26%, while Institutions and Non-Institutions held 37.92% and 9.82% respectively.
TVS Motor Company has registered a 10 percent decline in total sales at 355,033 units in October 2021 as against sales of 394,724 units in the month of October 2020. Total two-wheelers registered sales of 341,513 units in October 2021 as against sales of 382,121 units in October 2020. Domestic two-wheeler registered sales of 258,777 units in October 2021 as against sales of 301,380 units in October 2020. With pandemic restrictions easing and the festive season soon approaching, we expect the retails to improve significantly in the coming months.
Motorcycle registered sales of 172,361 units in October 2021 as against sales of 173,263 units in October 2020. Scooter sales of the Company registered 113,124 units in October 2021 as against sales of 127,138 units in October 2020. Three-wheeler sales of the Company registered a growth of 7% with 13,520 units in October 2021 as against sales of 12,603 units in October 2020.
The Company's total exports registered a growth of 3% with sales of 95,191 units in the month of October 2021 as against 92,520 units in October 2020. Two-wheeler exports registered a growth of 3% with sales of 82,736 units in October 2021 as against sales of 80,741 units in October 2020.
TVS Motor Company is a reputed two and three-wheeler manufacturer.
