You are here: Home » Markets ยป News
;
Business Standard

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 

TVS Motor Company was up nearly 4% to Rs 340 on the BSE in early morning trade after the company reported 20% year on year (YoY) growth in total sales at 274,303 units during the month of August 2016. The two & three-wheeler maker sold 274,303 units in the same month of last year. “Two wheeler sales of the company increased by 23.5% to 267,670 units during the month from 216,781 units recorded in August 2015.

Domestic two wheeler sales grew by 30.1% to 238,984 units in August 2016 from 183,653 units in the same month of last year,” TVS Motor said in a press release. TVS ...

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.


We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

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