Norton recently opened its new manufacturing facility in Solihull, West Midlands, building British bikes in England using traditional hand-crafted techniques with modern-day machinery. This new facility is supported by the West Midlands Growth partnership with the UK Government.
TVS Motor Company, part of the TVS Group, is a two and three-wheeler manufacturer.
The company had recorded 18.3% decrease in consolidated net profit to Rs 236.56 crore on a 8.2% rise in net sales to Rs 6,597.35 crore in Q3 FY22 over Q3 FY21.
The scrip lost 0.85% to currently trade at Rs 652.50 on the BSE.
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