Analysts fear that sales volume in the month of March and April could decline significantly due to the lockdown until April 14 amid the outbreak of coronavirus (Covid-19) pandemic.
The company reported a 15.4 per cent drop in its total sales at 253,261 units in February 2020.
Margins are likely to tick up as a result of product mix and low raw material cost while negative operating leverage will cap the gains
A total of 105 companies, including Bharti Airtel, TVS Motor , and Titan are scheduled to announce their December quarter results
TVS Motor Company, the only company in India to manufacture mopeds, said exports dropped by nearly 40 per cent.
Becomes first Indian industrialist to be bestowed with award for contributions in the field of TQM
As part of the tie up, Cadisa, a major business group across Guatemala and El Salvador, will facilitate the opening of 15 flagship outlets for TVS Motor in a phased manner
TVS Motor sold 168,000 mopeds during Q2, against 241,000 units during the same period last year
In doing so, Bajaj has become the first internal combustion engine two-wheeler company to launch an all-electric two-wheeler in India
The decision comes as there is speculation that the govt of Karnataka could ban two-stroke three-wheelers from end-April 2020
TVS Motor Company, the country's only manufacturer of mopeds, says it's committed to keep manufacturing the multi-utility vehicle.
TVS Motor Company Chairman and Managing Director Venu Srinivasan also said that there has been a significant cost increase from BS-III to BS-VI
Total two-wheeler sales declined 13.7% to 2,65,679 units in July from 3,07,856 units in the corresponding period last year
While total two-wheeler sales were down 5.9%, the domestic segment saw a drop of 8%
Scooter sales grew to 111,763 units in November 2018
Launched in 2013, the 110cc TVS Jupiter receives a brand new avatar named Jupiter Grande 5G
The company's total exports grew 20% from 50,971 units in September 2017 to 61,192 units this September
The launch of TVS King and TVS Dazz has opened two new segments for the company
The stock hit a fresh 52-week low of Rs 511, down 3% on the BSE on Monday, extending its 5% decline in past three trading sessions in otherwise firm market on back of heavy volumes.
The company has reported a growth of 40.4% with total revenue excluding Excise Duty / GST going up from Rs 284.4 billion in the fourth quarter of 2016-17 to Rs 399.2 billion in the fourth quarter of 2