Buy Call to TVS Motor Company: Target Price Rs.855 /
Yes Securities has given a buy call to TVS Motor Company with a target price of Rs. 855 / -. The current market price is Rs. 772 / -. The expected period for this is given intra day.
TVS Motor Company Limited is a large cap company established in 1992. Working in the auto sector, the market capitalization is Rs. 36,676.73 crore.
The major product and revenue generation of the company is automobile manufacturing, sales of services, other operating revenue.
In the quarter ended March 2022, total income declined by 11% to Rs. 6598.75 crore. At the end of December, the amount was Rs. 6606.22 crore. In the same quarter last year, the amount was Rs. 6140.54 crore.
The promoter share capital in this company was 50.81%, FII – 11.97%, DII – 28.51%.
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