Benign Growth For TVS Srichakra Limited (NSE:TVSSRICHAK) Underpins Its Share Price
TVS Srichakra Limited’s (NSE:TVSSRICHAK) price-to-sales (or “P/S”) ratio of 0.7x may look like a pretty appealing investment opportunity when you consider close to half the companies in the Auto Components industry in India have P/S ratios greater than 1.6x. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the reduced P/S.
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How Has TVS Srichakra Performed Recently?
TVS Srichakra’s revenue growth of late has been pretty similar to most other companies. It might be…