TVS Motor Company is currently trading at RS. 2616.35, up by 58.70 points or 2.30% from its previous closing of RS. 2557.65 on the BSE.
The stock opened at RS. 2556.85 and touched a high of RS. 2639.95 and a low of RS. 2523.85. So far, 15,404 shares have been traded on the counter.
The BSE group 'A' stock, with a face value of RS. 1, hit a 52-week high of RS. 2958.15 on 27-Sep-2024 and a 52-week low of RS. 1873.05 on 19-Apr-2024.
The stock's one-week high and low stood at RS. 2688.70 and RS. 2218.00, respectively. The company's current market capitalization is RS. 1,24,244.78 crore.
The promoters' holding in the company stood at 50.27%, while Institutions and Non-Institutions held 41.21% and 8.53%, respectively.
TVS Motor Reports Strong Sales Growth in January 2025
TVS Motor Company recorded monthly sales of 3,97,623 units in January 2025, marking a 17% growth compared to 3,39,513 units in January 2024.
- Two-wheeler sales grew by 18%, increasing from 3,29,937 units in January 2024 to 3,87,671 units in January 2025.
- Domestic two-wheeler sales rose by 10% to 2,93,860 units in January 2025, up from 2,68,233 units in January 2024.
- Motorcycle sales grew by 12%, reaching 1,74,388 units in January 2025, compared to 1,55,611 units in January 2024.
- Scooter sales surged by 29%, increasing from 1,32,290 units in January 2024 to 1,71,111 units in January 2025.
- Electric Vehicle (EV) sales recorded a 55% growth, rising from 16,276 units in January 2024 to 25,195 units in January 2025.
Exports Witness Strong Growth
The company's total exports grew by 46%, reaching 1,01,055 units in January 2025, up from 69,343 units in January 2024.
- Two-wheeler exports saw a 52% increase, rising from 61,704 units in January 2024 to 93,811 units in January 2025.
- Three-wheeler sales recorded a 4% increase, reaching 9,952 units in January 2025, compared to 9,576 units in January 2024.
TVS Motor Company is a leading manufacturer of two-wheelers and three-wheelers, known for its innovation and extensive research & development.