TVS Motor Company registers sales of 250,933 units in December 2021

TVS Motor Company registered sales of 250,933 units in December 2021 as against sales of 272,084 units in the month of December 2020.

Total two-wheelers registered sales of 235,392 units in December 2021 as against sales of 258,239 units in December 2020. Domestic two-wheeler registered sales of 146,763 units in December 2021 as against sales of 176,912 units in December 2020.

Motorcycle sales grew by 12% increasing from of 119,051 units in December 2020 to 133,700 units in December 2021. Scooter sales of the Company registered 67,553 units in December 2021 as against sales of 77,705 units in December 2020.

The Company's total exports grew by 10% increasing from 94,269 units in December 2020 to 103,420 units in the month of December 2021. Two-wheeler exports grew by 9% increasing from 81,327 units in December 2020 to 88,629 units in December 2021.

Three-wheeler of the Company grew by 12% increasing from 13,845 units in December 2020 to 15,541 units in December 2021.

During the third quarter of the current financial year, two-wheeler of the Company posted sales of 8.3 lakh units as against sales of 9.5 lakh units in the third quarter of the previous year. Sales of three-wheeler of the Company grew by 17% from 0.38 lakh units in the third quarter of the previous year to 0.44 lakh units in the third quarter of the current year. Total exports of the Company grew by 13% from 2.6 lakh units in the third quarter of the previous year to 2.9 lakh units in the third quarter of the current financial year.

Shares of TVS Motor Company Limited was last trading in BSE at Rs. 627.05 as compared to the previous close of Rs. 615.80. The total number of shares traded during the day was 59787 in over 2589 trades.

The stock hit an intraday high of Rs. 630.50 and intraday low of 616.90. The net turnover during the day was Rs. 37312571.00.

Source : Equity Bulls

Keywords

TVSMotorCompany INE494B01023 2Wheelers 3Wheelers SalesVolume December2021 Motorcycle