Riding on the robust trend in demand for two-wheelers, Hero Honda, Bajaj Auto, TVS Motors and Yamaha posted double-digit sales growth in May.
The country’s largest two-wheeler manufacturer, Hero Honda, posted its highest monthly sales ever at nearly 4,35,933 units of motorcycles and gearless scooters. Sales grew 14 per cent, compared to 3,82,678 units sold in the same month last year. The 14 per cent growth in May is very satisfying, coming as it does over the high base of its sales last year. It had significant contribution from all segments resulting in this achievement. The company's scooter 'Pleasure' recorded sales of over 24,000 units last month. Consumer sentiments are looking very positive and with the monsoon expected to be near normal this year, the company expects robust rate of growth even this year.
Bajaj Auto, the country’s second-biggest motorcycle manufacturer, reported a 63 per cent rise in two-wheeler sales at 2,69,000 units, including exports, compared to 1,65,000 units sold in the same month last year. The company did not provide separate numbers for domestic and exports. Total sales, including three-wheelers, rose 62 per cent to 2,99,000 units, as against 1,85,000 units. The company’s newly-launched models — including Pulsar 135 and Discover 100 — drove its overall volumes. With a successful re-entry into the 100cc space, the company is planning to have more products on the same lines in the near future.
Chennai-based TVS Motor Company logged 27 per cent growth in domestic two-wheeler sales at 1,36,000 units, compared to 1,07,000 units in the corresponding month last year. Sales of scooters, 23 per cent of the total two-wheeler sales, grew 42 per cent to 31,884 units, as against 22,486 units. Its recently-launched scooter, Wego, also boosted the sales. Exports of two-wheelers grew 62 per cent to 18,046 units.
Meanwhile, total sales of India Yamaha Motor, the Indian subsidiary of Yamaha Motors, Japan, grew by 17 per cent to 25,033 units during May, as compared to 21,388 units in the same month last year. Domestic sales were flat at 17,614 units, a rise of four per cent over 16,952 units sold a year earlier.
crackcrack
| Company Name | CMP |
|---|---|
| Bajaj Auto | 8840.90 |
| Hero MotoCorp | 4279.05 |
| TVS Motor | 2434.35 |
| Eicher Motors | 4820.00 |
| Atul Auto | 586.00 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
