TVS Motor falls as June sales drop

TVS Motor Company fell on Monday after it reported 7.54% drop in total sales for the month June 2012 to 168,693 units in comparison with 182,456 units recorded in June 2011. Shares of the company are trading at Rs 35.50, down Rs 0.95, or 2.61% at the Bombay Stock Exchange (BSE) on Monday at 11:12 a.m.The company"s cumulative sales for the period April 2012 to June 2012 stood at 519,160 units against 536,130 units recorded in the previous comparable period.The scrip has touched an intra-day high of Rs 36.55 and low of Rs 35.15. The total volume of shares traded at the BSE is 200,744.In the earlier session, the shares climbed 7.21%, or Rs 2.45, at Rs 36.45. Currently, the stock is trading down 49.5% from its 52-week high of Rs 70.30 and above 11.29% over the 52-week low of Rs 31.90.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 33.95 2.50 7.36 1 Month 34.00 2.45 7.21 3 Months 41.00 (4.55) (11.10) 6 Months 48.10 (11.65) (24.22) 1 Year 53.40 (16.95) (31.74) Note: Based on previous day closing price.