Chennai-based TVS Motor Company Limited has sold out 167,744 units in April 2011 which is an increase of 14% when compared to the sales of similar period April 2010. The company sold out 147,172 units in April 2010. The growth was led by the company’s scooter sales and international business. Three wheeler business of the company also continued to grow substantially.
Two wheeler sales of the company grew by 13% recording sales of 164,183 units in April 2011 against 144,689 units recorded in April 2010. Scooter sales led the growth increasing by 31% with sales of 35,074 units compared to 26,860 units recorded in April 2010. Motorcycles grew by 5%; totaling 69,573 units in April 2011 as against 66,000 units in April 2010.
In April 2011, the company sold 3,561 units of three wheelers as against 2,483 units in the comparable month of the previous year, a growth of 43%.
Share’s Data :-
BSE Code : 532343
Mkt. Cap: Rs 2,615.43 Crores
TVS Motor Co. Ltd. share’s CMP is Rs 55.05 on 6th May 2011.
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