TVS Motor Company, one of the largest two-wheeler manufacturers in India, witnessed a rise in share price on Monday after the company posted a sales growth of 36% during the month of November 2014, with total sales increasing from 161,908 units recorded in the month of November 2013 to 220,046 units in the month of November 2014.
The company's total exports grew by 55% with sales increasing from 25,338 units in the month of November 2013 to 39,215 units in November 2014. Two wheeler exports grew by 55% with sales increasing from 20,386 units in November 2013 to 31,526 units in November 2014.
Shares of the company are trading at Rs 238.85, up Rs 9.7, or 4.23% at the Bombay Stock Exchange (BSE) on Monday at 12:31 p.m.
The scrip has touched an intra-day high of Rs 239.45 and low of Rs 231. The total volume of shares traded at the BSE is 203,583.