TVS Motor Company's May 2024 sales registers growth of 12%

TVS Motor Company registered a sales growth of 12% increasing from 330,609 units in May 2023 to 369,914 units in May 2024.

Total two-wheelers registered a growth of 13% with sales increasing from 319,295 units in May 2023 to 359,590 units in May 2024. Domestic two-wheeler registered growth of 7% with sales increasing from 252,690 units in May 2023 to 271,140 units in May 2024.

Motorcycle registered sales growth of 7% with sales increasing from 162,248 units in May 2023 to 173,627 units in May 2024. Scooter sales registered a growth of 20% with sales increasing from 121,156 units in the month of May 2023 to 145,305 units in May 2024.

Electric vehicles grew by 4% with sales increasing from 17,953 units in May 2023 to 18,674 units in May 2024.

The Company's total exports grew by 27% with sales increasing from 76,607 units in May 2023 to 96,966 units in May 2024. Two-wheeler exports grew by 33% with sales increasing from 66,605 units in May 2023 to 88,450 units in May 2024.

Three-wheeler of the Company registered sales of 10,324 units in May 2024 as against 11,314 units in May 2023.

Shares of TVS Motor Company Limited was last trading in BSE at Rs. 2178.80 as compared to the previous close of Rs. 2230.00. The total number of shares traded during the day was 13178 in over 1891 trades.

The stock hit an intraday high of Rs. 2239.10 and intraday low of 2146.20. The net turnover during the day was Rs. 28829672.00.

Source : Equity Bulls

Keywords

TVSMotorCompany INE494B01023 SalesVolume May2024