3529.4000 -17.20 (-0.48%)
NSE Sep 19, 2025 15:31 PM
Volume: 469.0K
 

3529.40
-0.48%
Chola Wealth Direct
In 2QFY21, TVS motor's revenue increased by 5.9% YoY (221% QoQ) to 46bn despite a 2% YoY decline in volume. The decline in volumes was largely compensated by higher realizations up 8.1% YoY The Company undertook a blended price hike of 1.5% to pass on the higher costs of BS-VI which led to realization growth. The volume recovered to last year's levels on account of pent-up demand, strong rural economy, availability of retail financing and rise in preference of personal mobility. For 2HFY21E management remains cautiously optimistic as sustainability of...
Axis Direct increased Buy price target of TVS Motor Company Ltd. to 3810.0 on 05 Sep, 2025.
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