TVS Motor Company registers sales growth of 10% in November 2024

TVS Motor Company recorded monthly sales of 401,250 units in November 2024 with a growth of 10% as against 364,231 units in the month of November 2023.

Total two-wheelers registered a growth of 12% with sales increasing from 352,103 units in November 2023 to 392,473 units in November 2024. Domestic two-wheeler registered growth of 6% with sales increasing from 287,017 units in November 2023 to 305,323 units in November 2024.

Motorcycle registered a growth of 4% with sales increasing from 172,836 units in November 2023 to 180,247 units in November 2024. Scooter registered a growth of 22% with sales increasing from 135,749 units in November 2023 to 165,535 units in November 2024.

EV sales registered a growth of 57% with sales increasing from 16,782 units in November 2023 to 26,292 units in November 2024.

The Company's total exports registered a growth of 25% with sales increasing from 75,203 units in November 2023 to 93,755 units in November 2024. Two-wheeler exports registered a growth of 34% with sales increasing from 65,086 units in November 2023 to 87,150 units in November 2024.

Three-wheeler registered sales of 8,777 units in November 2024 as against 12,128 units in November 2023.

Shares of TVS Motor Company Limited was last trading in BSE at Rs. 2435.85 as compared to the previous close of Rs. 2417.15. The total number of shares traded during the day was 11698 in over 1905 trades.

The stock hit an intraday high of Rs. 2444.00 and intraday low of 2398.05. The net turnover during the day was Rs. 28402380.00.

Source : Equity Bulls

Keywords

TVSMotorCompany Limited INE494B01023 SalesVolume November2024