TVS Motor registers 4% sales growth or BEML gains on reporting
TVS Motor registers 4% sales growth in January 2019
TVS Motor Company has registered a growth of 4% with sales increasing from 271,801 units in January 2018 to 282,630 units in the month of January 2019. Total two-wheelers registered a growth of 2% with sales increasing from 262,995 units in January 2018 to 269,277 units in January 2019. Domestic two-wheeler sales registered 226,992 units in January 2018 to 228,654 units in January 2019.
The Company's total exports grew by 23% from 42,802 units registered in the month of January 2018 to 52,650 units in January 2019. Two-wheeler exports grew by 13% increase from 36,003 units in January 2018 to 40,623 units in January 2019. Three-wheeler of the Company grew by 52% increase from 8,806 units in January 2018 to 13,353 units registered in January 2019.
TVS Motor Company is a leading two and three-wheeler manufacturer and is the flagship company of the TVS Group.
ALSO READ- शेयर गिरने से अमेजन की वैल्यू 3.21 लाख करोड़ रुपए घटी, भारत में ई-कॉमर्स के नियम बदलने का असर
BEML gains on reporting a 3-fold jump in Q3 net profit-
BEML is currently trading at Rs. 806.45, up by 7.20 points or 0.90% from its previous closing of Rs. 799.25 on the BSE.
The scrip opened at Rs. 819.00 and has touched a high and low of Rs. 819.00 and Rs. 799.00 respectively. So far 53351 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1445.30 on 02-Feb-2018 and a 52 week low of Rs. 521.00 on 26-Oct-2018.
Last one week high and low of the scrip stood at Rs. 847.00 and Rs. 775.00 respectively. The current market cap of the company is Rs. 3328.44 crore.
The promoters holding in the company stood at 54.03%, while Institutions and Non-Institutions held 28.44% and 17.53% respectively.
BEML has reported around 3-fold jump in its net profit at Rs 44.70 crore for the quarter ended December 31, 2018, as compared to Rs 16.69 crore for the same quarter in the previous year. Total income of the company increased by 26.28% at Rs 929.05 crore for Q3FY19 as compared Rs 735.71 crore for the corresponding quarter previous year.
BEML a leading mining and construction equipment manufacturer has designed and developed indigenously over 40 products through its R&D, and are not only working in India but also in 65 countries around the world.
A Special Offer for a Special Season! Get Stock Cash Tips to start from 2 Days Free Trial Click Here- Indian Stock Market Tips
0 comments
Note: only a member of this blog may post a comment.