TVS Motor Company shares jumped on Tuesday after it recorded 46% growth in sales during the month of August 2014, with total sales increasing from 155,532 units recorded in the month of August 2013 to 227,482 units in the month of August 2014.

The company's total exports grew by 28% with sales increasing from 27,425 units in the month of August 2013 to 35,074 units in August 2014. Two wheeler exports registered a growth of 27% with sales increasing from 21,374 units in August 2013 to 27,115 units in August 2014.

Shares of the company are trading at Rs 199.50, up Rs 6.1, or 3.15% at the Bombay Stock Exchange (BSE) on Tuesday at 10:00 a.m.

The scrip has touched an intra-day high of Rs 201.80 and low of Rs 196.90. The total volume of shares traded at the BSE is 325,457.