tvs motor

November sales of motor vehicles increase on higher demand

Maruti Suzuki India Ltd. and TVS Motor Co. reported the sales of higher vehicle for the month of November on Wednesday as they made profits from powerful demand in the recently-ended festival season.

The demand for vehicles increased in the October-November festive season which is thought of as auspicious for making new purchases by the majority of the Hindus in India.

Further more disposable incomes in a swiftly growing economy and latest launches of vehicles are also increasing the sales of cars, utility vehicles and motorcycles.

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Auto Sales number for the month of August 2010 has come out today and all the company have hit the all time new high yet another time previous month . Maruti Suzuki Maruti Suzuki India rose 1.29% as total vehicle sales grew 23.6% to 1.04 lakh in August 2010 over August 2009. This is the [...]

Auto Sales hit all time high for August 2010 is a post from: First Blog for Indian Financial Market

High metal prices may concern TVS Motor

Renewed investor interest could be seen on Wednesday in the trading of TVS Motor’s stock. The company which is India’s smallest listed two-wheeler producer has announced that it will give one bonus share for each existing share.

TVS Motor stocks within the day’s trade saw a new high which it had not attained in the last fifty two weeks ,for its announcement and of course its performance in the first quarter.

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TVS Motor Company net profit rose 38.78 Percent to Rs 20.29 crore in Qtr ending March 2010 for the financial year 2009-2010 compared to Rs 14.62 crore in qtr ending March 2009. Sales rose 33.68 Percent to Rs 1192.41 crore in Qtr ending March 2010 for the financial year 2009-2010 [...]

TVS Motor Company Results – Announces Qtr Ending March 2010 results is a post from: First Blog for Indian Financial Market