TVS Motor Company share price gained in the opening trade on May 2 after company reported strong sales numbers for the month of April.
At 09:21am, TVS Motor Company was quoting at Rs 2,712.55, up Rs 43.85, or 1.64 percent on the BSE.
The company has registered a 16 percent jump in its April sales at 4,43,896 units from 3,83,615 units in April 2024.
Its two-wheeler total sales increased by 15 percent at 430,330 units with domestic two-wheeler sales were up 7 percent at 323,647 units.
Company's motorcycle segment registered a growth of 17% with sales increasing to 220,527 units, while scooter segment sales jumped 18 percent at 169,741 units in April 2025.
Its electric vehicle sales jumped 59 percent at 27,684 units in April 2025.
The company's total exports registered a growth of 45 percent with sales of 116,880 units in April 2025, with two-wheeler exports rising 46 percent at 106,683 units.
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The company had posted 76 percent surge in its net profit at Rs 852 crore for the January-March quarter of FY25. The company's revenue from operations gained 17 percent YoY to Rs 9,550 crore.
For the entire financial year 2025, TVS Motor reported its highest ever revenue at Rs 36,251 crore. This marks a rise of nearly 14 percent from the Rs 31,776 crore revenue reported in FY24.
The share touched a 52-week high of Rs 2,958.15 and a 52-week low of Rs 1,919.00 on 27 September, 2024 and 08 May, 2024, respectively.
Currently, the stock is trading 8.3 percent below its 52-week high and 41.35 percent above its 52-week low.
The market capitalisation stands at Rs 128,869.76 crore.
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