TVS Motor shares up over 4% on smart August sales

Tags: Companies
Shares of TVS Motor Company today rose by over 4 per cent after the company reported a 46 per cent increase in total sales in August 2014.

The company's stock gained 4.08 per cent to Rs 201.30 on the BSE. In intra-day, it rose by 4.52 per cent to Rs 202.15 -- its 52-week high.

At the NSE, it was up 4.21 per cent to end at Rs 201.60.

TVS Motor Company yesterday reported a 46 per cent increase in its total sales at 2,27,482 units in August 2014.

The Chennai-based company had sold 1,55,532 units in the same month last year, TVS Motor Company had said in a statement yesterday.

Total two-wheeler sales increased by 47 per cent to 2,17,662 units in August 2014 as against 1,48,469 units in the same month a year ago.

Domestic two-wheeler sales stood at 1,90,547 units last month, up 50 per cent, from 1,27,095 units in the year-ago period.

EDITORIAL OF THE DAY

  • We need a plan to manage the world’s largest population

    Is demographic dividend going to be a nightmare for India?

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Freedom Files : Creating a communal cleave

The Nawab of Bhopal Sir Hafiz Hamidullah Khan, saboteur ...

Susan Visvanathan

Landed in trouble

The British always required get away places. Shimla is the ...

Zehra Naqvi

Mindful meditation in everyday life

Amid the vast multitude of tasks and huge amounts of ...