TVS Motor slumps 6% on production woes
Tier II suppliers have been hit by coronavirus which may lead to 10% drop in February production
The company’s total two-wheeler production during April–January was at 2,670,076 units, down 16% YoY
MUMBAI : MUMBAI: Shares of TVS Motor Company fell as much as 6.3% after reports said that the coronavirus outbreak in China and beyond will hit the supply of certain components for production of BS-VI vehicles to the company.
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