TVS Motor Company has posted a growth of 22% in vehicle sales during October 2014 to 241,044 units from 197,905 units recorded in October 2013. Total exports grew by 51% with sales increasing from 23,154 units in the month of October 2013 to 34,855 units in October 2014. Two wheeler exports grew by 65% with sales increasing from 16,750 units in October 2013 to 27,696 units in October 2014.
Total two wheeler sales increased by 22% from 189,979 units recorded in October 2013 to 231,990 units in October 2014. Domestic two wheeler sales grew by 18% increasing from 173,229 units in October 2013 to 204,294 units in October 2014.
Scooters sales of the company grew by 68% increasing from 42,124 units in October 2013 to 70,571 units in October 2014. Motorcycles sales grew by 10% increasing from 82,352 units in the month of October 2013 to 90,779 units in October 2014.
Three wheeler sales of the company registered an increase of 14%, growing from 7,926 units in October 2013 to 9,054 units in October 2014.
Shares of the company gained Rs 3.1, or 1.19%, to trade at Rs 262.70. The total volume of shares traded was 215,651 at the BSE (11.14 a.m., Monday).