TVS Motor Company, one of the largest two-wheeler manufacturers in India, witnessed a rise in share price on Tuesday after it posted a sales growth of 15% during the month of February 2015, with total sales increasing from 177,662 units recorded in the month of February 2014 to 204,565 units in the month of February 2015.
The company's total exports grew by 35% with sales increasing from 28,782 units in the month of February 2014 to 38,725 units in February 2015. Two wheeler exports grew by 36% with sales increasing from 22,713 units in February 2014 to 31,001 units in February 2015.
Shares of the company are trading at Rs 288.70, up Rs 16.75, or 6.16% at the Bombay Stock Exchange (BSE) on Tuesday at 10:06 a.m.
The scrip has touched an intra-day high of Rs 289.90 and low of Rs 283.40. The total volume of shares traded at the BSE is 231,204.