TVS Motor Company Sales in May 2020

TVS Motor Company resumed its operations in India across all its factories in Hosur, Mysuru and Nalagarh starting from May 06, 2020. The Company has taken exhaustive safety measures to safeguard the health of the employees across all its factories in Hosur, Mysuru and Nalagarh. We are seeing a progressive opening of dealerships across the county and overseas in the last 2 weeks of May and increasing further into June. We are also witnessing a steady pick up in customer retail since the last few days.

During the month of May 2020, the company registered sales of 58,906 units. Total two-wheeler registered sales of 56,218 units and Domestic two-wheeler registered sales of 41,067 units in May 2020. Three-wheeler of the Company registered sales of 2,688 units in May 2020.

Shares of TVS MOTOR COMPANY LTD. was last trading in BSE at Rs.351.8 as compared to the previous close of Rs. 336.05. The total number of shares traded during the day was 180117 in over 3789 trades.

The stock hit an intraday high of Rs. 354.7 and intraday low of 341.75. The net turnover during the day was Rs. 63268234.

Source : Equity Bulls

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