TVS Motor's stock surged 6.10 per cent to close at Rs 92.25 on the BSE. In intra-day, the scrip climbed 8.97 per cent to Rs 94.75.
At the National Stock Exchange, the stock rose by 7.36 per cent to end at Rs 93.35.
In terms of volume, 22.67 lakh shares changed hands at the BSE, while more than 97 lakh shares were traded at the NSE during the day.
Net sales during the quarter under review stood at Rs 2,120.77 crore as against Rs 1752.16 crore in the same period last year.
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Motorcycles sales during the fourth quarter increased to 1.97 lakh units from 1.85 lakh units in the year-ago period, while scooter sales jumped to 1.37 lakh units from 0.95 lakh units, the company said in a statement.
The directors have declared a second interim dividend of 75 paisa per share on the share capital of Rs 47.51 crore for the year 2013-14.
Net sales for the fiscal 2013-14 stood at Rs 8,272.51 crore as against Rs 7,408.65 crore in the previous year.