TVS Motor gains on strong export growth in January

After the company reported 39% export growth in January compared to January 2013

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SI Reporter Mumbai
Last Updated : Feb 03 2014 | 2:53 PM IST
Shares of TVS Motor Company were up nearly 3% at Rs 80 after the company reported strong export growth in January.

TVS Motor Company's total exports surged 39% to 28,875 units in January 2014 over January 2013. Two wheeler exports registered a growth of 35% to 23,438 units in January 2014 over January 2013.

Total two wheeler sales increased 5% to 179,576 units in January 2014 over January 2013. Domestic two wheeler sales accounted for 156,138 units in January 2014 as against 154,107 units registered in January 2013.

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Scooters sales grew 19% to 45,198 units in January 2014 over January 2013. Motorcycles sales grew marginally increasing from 64,555 units in January 2013 to 65,449 units in January 2014.

Three wheeler sales surged 52% to 6,737 units in January 2014 over January 2013.

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First Published: Feb 03 2014 | 2:45 PM IST

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