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TVS Motor Company Ltd (TVSM.NS)

TVSM.NS on National Stock Exchange of India

496.00INR
28 Apr 2017
Change (% chg)

Rs-6.80 (-1.35%)
Prev Close
Rs502.80
Open
Rs492.00
Day's High
Rs502.25
Day's Low
Rs490.00
Volume
4,104,692
Avg. Vol
1,311,007
52-wk High
Rs518.55
52-wk Low
Rs277.50

Latest Key Developments (Source: Significant Developments)

TVS Motor Co March-qtr profit falls about 7 pct
Thursday, 27 Apr 2017 05:03am EDT 

April 27 (Reuters) - TVS Motor Company Ltd :March quarter net profit 1.27 billion rupees.March quarter total income 31.39 billion rupees.Consensus forecast for March quarter net profit was 1.09 billion rupees.Net profit in march quarter last year was 1.36 billion rupees as per Ind-AS; total income was 30.91 billion rupees.Says in fy 2017-18 the company will introduce a new motorcycle and a new scooter..Says also planned upgrades across segments in FY 2017-18.TVS Motor Company Ltd - profit for quarter is net of one time provision of 570 million rupees of discounts towards BS III products sold by dealers in March 2017.TVS Motor Company - exports of two-wheelers & three-wheelers continue to be impacted by restricted availability of foreign exchange in key African markets.  Full Article

India auto industry body exec says passenger vehicle sales expected to grow by 7-9 pct in FY2017-18
Tuesday, 11 Apr 2017 03:10am EDT 

Society of Indian Automobile Manufactures: India auto industry body exec says ad hoc changes in government policy environment expected to affect the profitability of automakers in FY2017-18 . India auto industry body exec says passenger vehicle sales expected to grow by 7-9 percent in FY2017-18 ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

TVS Motor March total sales up about 10 pct
Monday, 3 Apr 2017 07:45am EDT 

TVS Motor Company Ltd : Says March total sales of 256,341 vehicles versus 232,517 vehicles last year . Says March two-wheeler sales of 250,979 vehicles versus 226,643 vehicles last year . Says March three-wheeler sales of 5,362 vehicles versus 5,874 vehicles last year . Says March export sales of 38,462 vehicles, up 23.6 percent . Says March scooter sales 84,173 units; up 23.5 percent . Says co is assessing the one-time impact of transition to BS IV on the financials of the company .Says co's dealers have confirmed that majority of BS-III compliant stocks have been sold by March 31, 2017.  Full Article

TVS Motor says already begun manufacture, sale of BS IV compliant vehicles to dealers
Thursday, 30 Mar 2017 09:04am EDT 

TVS Motor Company Ltd : Its dealers been advised to comply with order of supreme court and sell BS III compliant stocks with them on or before 31st march, 2017 .Says had already commenced manufacture and sale of BS IV compliant vehicles to the dealers.  Full Article

TVS Motor Company declares interim dividend of 1.25 rupees per share
Monday, 6 Mar 2017 12:40am EST 

TVS Motor Company Ltd :Says declared interim dividend of inr 1.25 per share.  Full Article

TVS Motor Co says Feb total vehicle sales falls about 4 pct
Wednesday, 1 Mar 2017 07:12am EST 

TVS Motor Company Ltd : Says February total sales of 211,470 vehicles versus 219, 467 units . Says February total two-wheeler sales of 206,247 vehicles versus 211,148 units . Says February three-wheeler sales of 5,223 vehicles versus 8,319 units last year . Says February exports up 9.8 percent to 38,215 units . Says February domestic two wheeler sales of 172,611 vehicles, versus 183,199 units . Says scooters sales grew by 2.9% from 67,089 units in the month of February 2016 to 69,020 units in the month of February 2017. .Says as part of plans to gear up for the BSIV norms, we have completely transitioned to production of BSIV vehicles.  Full Article

TVS Motor January total sales marginally down
Thursday, 2 Feb 2017 03:28am EST 

TVS Motor Co Ltd : Says January total sales of 207,059 vehicles versus 208,485 last year . Says January two-wheeler sales of 202,209 vehicles versus 201,233 last year . Says January three-wheeler sales of 4,850 vehicles versus 7,252 last year . Says January domestic two-wheeler sales of 172,101 vehicles versus 172,162 last year . Says January total exports 34,110 vehicles versus 34,823 last year .Says January two wheeler exports 30,108 vehicles versus 29,071 last year.  Full Article

India auto industry body exec says impact of demonetisation on car sales will be more in rural areas
Thursday, 8 Dec 2016 01:45am EST 

Society of Indian Automobile Manufacturers: India auto industry body exec says impact of demonetisation on car sales will be more in rural areas, recovery will take longer . India auto industry body exec says demonetisation will be a temporary disruption ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

India's November total domestic passenger vehicle sales up 1.82 pct - Industry body
Thursday, 8 Dec 2016 12:40am EST 

Society of Indian Automobile Manufacturers: India's November total domestic passenger vehicle sales at 240979 vehicles - industry body . India's November domestic passenger car sales 173606 vehicles, up 0.29 percent versus year ago - industry body . India's November two-wheeler sales 1243251 vehicles, down 5.85 percent versus year ago -industry body . India's November total domestic passenger vehicle sales up 1.82 percent versus year ago - industry body . India's November commercial vehicle sales 45773 vehicles, down 11.58 percent versus year ago -industry body ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

TVS Motor Nov sales marginally down
Thursday, 1 Dec 2016 07:20am EST 

TVS Motor Co Ltd : Says TVS motor company clocks 224,971 units in November 2016 . Says November two-wheeler sales of 219,088 vehicles, versus 217,706 vehicles last year . Says three-wheeler of the company registered sales of 5,883 units in November 2016 as against 7,695 units in November 2015 . Total exports registered sales of 32,829 units in the month of November 2016 as against 33,621 units recorded in the month of November 2015 .Says due to the demonetization exercise, the company witnessed a short-term impact on November sales.  Full Article

More From Around the Web

India's TVS Motor Q4 profit falls about 7 pct, but beats estimates

April 27 India's TVS Motor Co Ltd said on Thursday net profit fell nearly 7 percent in the fourth quarter hurt by lower motorcycle sales at home, but beat analysts' estimates.