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TVS Motor nears 52-week high post August sales

The stock up nearly 4% to Rs 340 on the BSE, close to its 52-week high of Rs 341 touched on April 20, 2016 in intra-day trade.

SI Reporter  |  Mumbai 

TVSMotorCompanywasupnearly4%toRs340ontheBSEinearlymorningtradeafterthecompanyreported20%yearonyear(YoY)growthintotalsalesat274,303unitsduringthemonthofAugust2016. Thetwo&three-wheelermakersold274,303unitsinthesamemonthoflastyear. “Twowheelersalesofthecompanyincreasedby23.5%to267,670unitsduringthemonthfrom216,781unitsrecordedinAugust2015.

Domestictwowheelersalesgrewby30.1%to238,984unitsinAugust2016from183,653unitsinthesamemonthoflastyear,”TVSMotorsaidinapressrelease. TVS ...

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First Published: Fri, September 02 2016. 09:38 IST
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