News & Analysis » India
TVS Motors Posts Highest Ever Monthly Sales
September 1, 2010, Wednesday, 16:14 GMT | 11:14 EST | 20:44 IST | 23:14 SGT
(RTTNews) - Chennai-based TVS Motors on Wednesday said that it has registered its highest ever monthly sales in August 2010. Its total vehicle sales rose 34% to 170,735 units in August against 127,875 units sold in August last year.
Its two- wheeler domestic sales grew by about 32% last month, while exports of two-wheelers rose by 62% from a year earlier.
"Robust growth in all segments of the two and three wheeler market enabled the company to record maximum sales." the company said in a statement.
Shares of TVS Motors are now trading at Rs.144.25 on the BSE, up about 1.5% on a volume of 4.97 lakh shares versus a two-week daily average volume of 3.77 lakh shares.
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