TVS Motor Company, two and three-wheeler makers reported an 18% year-on-year growth rise in July sales. It has sold 3.21 lac units in the month while only 2.1 lac units sold in the duration the previous year. The numbers are far ahead of the expectations of 3.11 lac vehicles.

TVS Motor Company sold 3.08 lac two-wheeler vehicles and reported 17% growth compared to 2.63 lac units sold in the same period last year. While the scooter sales increased by 29% year-on-year to around 1.19 lac units. In the period of time, 3-wheeler sales registered a whopping 70% to 13,323 units in the July month.

On the other end, the export reported a growth of 42% YoY to 72,242 units which is a significant number for any large-cap company. On Wednesday at 3:59 PM, the stock price was INR 512.45 on NSE.

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