Overweight on TVS Motor Company, target price Rs 2,890: Axis Securities
Axis Securities has an overweight call on TVS Motor Company with a target price of Rs 2,890. The current market price of TVS Motor Company is Rs 2,480.7. TVS Motor Company, incorporated in 1992, is a Large Cap company with a market cap of Rs 117793.10 crore, operating in the Auto sector.
TVS Motor Company’s key products/revenue segments include Automobile – 2 & 3 Wheelers, Other Operating Revenue, Sale of services for the year ending 31-Mar-2024.
Financials
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 11333.99 crore, up 8.48% from last quarter Total Income of Rs 10447.63 crore and up 13.52% from last year same quarter’s Total Income of Rs 9983.75 crore. The company has reported net…
