Trending stocks: TVS Motor shares slip 6% in early trade

NEW DELHI: Shares of TVS Motor Company traded 6.07 per cent down in Friday 's trade at 10:34 am.

Around 867614 shares changed hands on the counter. The stock opened at Rs 275.05 and touched an intraday high and low of Rs 277.95 and Rs 261.0 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 586.4 and a 52-week low of Rs 263.75 .


The company reported a 55.5 per cent decline in total sales in March at 1,44,739 units. The company, which primarily makes two-wheelers and three-wheelers, had sold 3,25,323 units in March 2019, TVS Motor Company said in a statement.

Financials
TVS Motor Company Ltd., incorporated in the year 1992, is a Large Cap company (having a market cap of Rs 13205.05 Crore) operating in Auto sector.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 4765.99 Crore, down -3.92 % from last quarter Sales of Rs 4960.27 Crore and down -6.96 % from last year same quarter Sales of Rs 5122.61 Crore Company has reported net profit after tax of Rs 158.44 Crore in latest quarter.

TVS Motor Company Ltd. key Products/Revenue Segments include Automobile - 2 & 3 Wheelers which contributed Rs 16158.15 Crore to Sales Value (88.73 % of Total Sales), Accessories & Spares which contributed Rs 1720.97 Crore to Sales Value (9.45 % of Total Sales), Other Operating Revenue which contributed Rs 297.41 Crore to Sales Value (1.63 % of Total Sales), I T Services which contributed Rs 16.72 Crore to Sales Value (0.09 % of Total Sales), Royalty Income which contributed Rs 16.67 Crore to Sales Value (0.09 % of Total Sales)for the year ending 31-Mar-2019.

Promoters holding
Promoters held 57.396378 per cent stake in the company as of Dec 2019 . For the quarter ended Dec 2019 , the company reported a net sales of Rs 4765.99 crore and net profit of Rs 158.44 crore.

Valuation ratio
It quoted a price-to-earnings ratio of 18.24 and price to book value of 3.68 .