Momentum Pick - Buy TVS Motor Company Ltd For Target Rs. 509 - HDFC Securities
After showing a minor declines/sideways consolidation, the sto..
Buy Tech Mahindra Ltd @ 793.00-795.00 CMP 794.00 TGT 809.00 SL 787.40
Buy TVS Motors Ltd..
Expensive valuations; retain Sell
* Q1FY21 revenue declined 68% yoy to Rs14.3bn (est.: Rs15.1bn), dragged by a 71% drop in sales volumes. Given a gradual pick-up in v..
Above est.; Lower other expenses drive beat
2H recovery, price hike of 1.1% with cost cutting to drive margins
* TVS Motor Company (TVSL)’s operating perform..
Below is the Quote on TVS Motor Results By Mr. Jyoti Roy, DVP- Equity Strategist, Angel Broking Ltd
“TVS Motor Company reported total sales of 287,398 units..
Demand revival is the key to watch
TVS Motors (TVS) is the third largest two- wheeler manufacturer in India with a market share of 13.9% in FY20.
* Q1FY20 revenue d..
Buy Pidilite Ltd @ 1415.00-1420.00 CMP 1417.65 Target 1444.00 SL 1404.40
Buy TVS Motors Ltd @ 433...
In the last couple of months, technology stocks have been major gainers despite the ongoing market volatility. Post quarterly results, Infosys ha..
Buy TVS Motors Ltd @ 429.00-431.00 CMP 429.00 Target 438.00 SL 426.40
Buy Bharat Electronics ..
Two and three-wheeler major TVS Motor Company on Saturday reported a sequential sales growth of 27 per cent in July 2020.
Accordingly, the company sold 252,744 units a..
Domestic 2W share declines after 5 years of gain
Invested ~INR3b in subsidiaries and to acquire new businesses
* TVS Motor’s (TVSL) FY20 annual report highli..
Technical Updates: TVS Motors forms a bullish harmonic pattern and a upside can be expected till 391 levels. Vortex Indicator also suggests an upcoming bullish trend.
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