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TVS Motor hits new high on strong December sales

The stock hit a new high of Rs 795, up 4% on the BSE in early morning trade, after the company registered 39% growth in sales at 256,909 units in the month of December 2017.

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SI Reporter Mumbai
TVS Motor Company hit a new high of Rs 795, up 4% on the BSE in early morning trade, after the company registered 39% growth in sales at 256,909 units in the month of December 2017. It had sold 184,944 units in December 2016.

TVS Motor Company had registered a sales growth of 12% at 251,965 units in November 2017.

“Total two-wheeler registered growth of 37.9% with sales increasing from 179,551 units in December 2016 to 247,630 units in December 2017. Domestic two-wheelers recorded growth of 35.4% with sales increasing from 153,456 units in December 2016 to 207,778