TVS Motor Company Ltd.

NSE: TVSMOTOR | BSE: 532343 | ISIN: INE494B01023 | Industry: 2/3 Wheelers
| Expensive Performer
2346.8000 27.05 (1.17%)
NSE Mar 20, 2025 15:55 PM
Volume: 597.4K
 

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TVS Motor Company Ltd.
23 Oct 2018
2346.80
1.17%

TVS Motor

buy
by JM Financial
Target: 565
JM Financial
Beat on margins; multiple disruptions cloud growth visibility In 2QFY19, TVS Motor (TVS) reported EBITDA margin of 8.6% (-35bps YoY, +90bps QoQ), surpassing JMFe and street expectations owing to higher volumes, price increase and a favourable exchange rate. Without sharing a number, the management indicated moderate' growth during the Navratri period (including Dusshera), impacted by the increase/confusion on insurance premium. However, the Company expects strong pick-up in sales during the traditionally robust phase of Dhanteras' and Diwali', driven by positive response to new models. With increase in fuel price, hike in insurance premium and heightened competitive...
 
Number of FII/FPI investors decreased from 815 to 779 in Dec 2024 qtr
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