TVS Motor Company's Sales Grow By 33% in February 2024

TVS Motor Company recorded monthly sales of 368,424 units in February 2024 with a growth of 33% as against 276,150 units in February 2023.

Total two-wheelers registered a growth of 34% with sales increasing from 267,026 units in February 2023 to 357,810 units in February 2024. Domestic two-wheeler registered growth of 21% with sales increasing from 221,402 units in February 2023 to 267,502 units in February 2024.

Motorcycle registered a growth of 46% with sales increasing from 126,243 units in February 2023 to 184,023 units in February 2024. Scooter registered a growth of 26% with sales increasing from 104,825 units in February 2023 to 132,152 units in February 2024.

EV sales registered a growth of 16% with sales increasing from 15,522 units in February 2023 to 17,959 units in February 2024.

The Company's total exports grew by 85% increasing from 53,405 units registered in February 2023 to 98,856 units in February 2024. Two-wheeler exports registered a growth of 98% with sales increasing from 45,624 units registered in February 2023 to 90,308 units in February 2024.

Three-wheeler registered a growth of 16% with sales increasing from 9,124 units in February 2023 to 10,614 units in February 2024.

Shares of TVS Motor Company Limited was last trading in BSE at Rs. 2141.80 as compared to the previous close of Rs. 2093.50. The total number of shares traded during the day was 12125 in over 1443 trades.

The stock hit an intraday high of Rs. 2157.00 and intraday low of 2087.10. The net turnover during the day was Rs. 25760765.00.

Source : Equity Bulls

Keywords

TVSMotorCompany INE494B01023 SalesVolume February2024 2Wheelers 3Wheelers ElectricVehicles Motorcycle