TVS Motor domestic two-wheeler sales at 41,067 units in May; stock up 4%

The company has taken exhaustive safety measures to safeguard the health of the employees across all its factories in Hosur, Mysuru and Nalagarh.

Jun 02, 2020 12:06 IST India Infoline News Service

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Automobile manufacturer TVS Motor registered sales of 58,906 units. Total two-wheeler registered sales of 56,218 units and domestic two-wheeler registered sales of 41,067 units in May 2020.

Three-wheeler of the company registered sales of 2,688 units in May 2020. 

The two and three-wheeler manufacturer company resumed its operations in India across all its factories in Hosur, Mysuru and Nalagarh starting from May 06, 2020.

The stock is currently trading at Rs364.70, up by Rs12.65 or 3.59% from its previous closing of Rs352.05 on the BSE.

The company has taken exhaustive safety measures to safeguard the health of the employees across all its factories in Hosur, Mysuru and Nalagarh.

“We are seeing a progressive opening of dealerships across the county and overseas in the last 2 weeks of May and increasing further into June. We are also witnessing a steady pick up in customer retail since the last few days,” TVS Motor said in the filing on Monday.

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