TVS Motor sales rise 15.14% to 2,04,565 units in Feb

Domestic two-wheeler sales stood at 1,64,508 units last month, up 11.47 percent, from 1,47,580 units in the year-ago period, it added. Motorcycle sales increased by 18.37 percent to 74,292 units last month compared with 62,762 units in the corresponding month a year earlier.

TVS Motor Company Monday reported 15.14 percent increase in total sales at 2,04,565 units in February. The Chennai-based company had sold 1,77,662 units in the same month last year.

Total two-wheeler sales for the month grew by 14.8 per cent to 1,95,509 units as against 1,70,293 units in February 2014, TVS Motor Company said in a statement.

Scooter sales during the month grew by 35.15 percent to 56,750 units in February 2015 as against 41,990 units in the corresponding month last year.

During the month, three-wheeler sales grew by 22.89 percent at 9,056 units, from 7,369 units in February 2014. Exports in February jumped by 34.54 percent to 38,725 units, compared to 28,782 units in the corresponding month a year earlier.

TVS Motor stock price

On March 02, 2015, TVS Motor Company closed at Rs 271.95, down Rs 6, or 2.16 percent. The 52-week high of the share was Rs 322.30 and the 52-week low was Rs 84.00.

The company's trailing 12-month (TTM) EPS was at Rs 6.51 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 41.77. The latest book value of the company is Rs 29.79 per share. At current value, the price-to-book value of the company is 9.13.

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