Powered by: Motilal Oswal
2025-09-16 11:17:05 am | Source: Choice Broking Ltd
Buy TVS Motor Company Ltd for the Target Rs.3,400 by Choice Broking Ltd
Buy TVS Motor Company Ltd  for the Target Rs.3,400 by Choice Broking Ltd

View and Valuation:

TVSL is poised to gain, with the GST rate cuts benefitting ~65% of its portfolio while there is no effect for the remaining portfolio that comprises exports and EV. Also, the company is performing well on the export front, with exports expected to grow at 23.0% CAGR over FY25–28. Consequently, we revise our FY27/FY28 EPS estimates upwards by 9.7%/8.5% and arrive at our target price of INR 3,400. We value the company at 34x (maintained) on the average FY27/28E EPS and assign a value of INR 101 to TVS Credit. We change our rating to REDUCE from ADD.

Financials:

 

For Detailed Report With Disclaimer Visit. https://choicebroking.in/disclaimer

SEBI Registration no.: INZ 000160131

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here