TVS Motor, Maruti jump on healthy November sales

Shares of TVS Motor Company and Maruti Suzuki rose up to 3 per cent at close today after both the companies reported healthy sales figure for November.
TVS Motor's scrip gained 3.01 per cent to settle at Rs 236.05 on the BSE. In intra-day trade, it rallied 4.49 per cent to Rs 239.45.
Shares of Maruti Suzuki India (MSI) closed the day with a gain of 1.61 per cent at Rs 3,389.65. During the day, it jumped 2.87 per cent to Rs 3,432 -- its 52-week high.
TVS Motor Company today reported 36 per cent increase in its total sales at 2,20,046 units in November 2014.

The Chennai-based company had sold 1,61,908 units in the same month last year, TVS Motor Company said in a statement.
Total two-wheeler sales also increased 36 per cent to 2,10,979 units in November 2014 as against 1,55,604 units in the same month last year.

Meanwhile, country's largest car-maker Maruti Suzuki today reported a 19.5 per cent increase in total sales in November at 1,10,147 units as against 92,140 units in the same month last year.
The company said its domestic sales increased by 17 per cent during the month to 1,00,024 units as against 85,510 units in November 2013.
Sales of mini segment cars, including, Alto, A-Star and WagonR, declined marginally to 37,746 units as compared to 38,040 units in the year-ago month, MSI said in a statement.