Buy TVS Motor Company, price target Rs 476: Kunal Bothra

INSUBCONTINENT EXCLUSIVE:
Kunal Bothra has a buy call on TVS Motor Company Ltd
with a target price of Rs 476.0
The current price of TVS Motor Company Ltd
is Rs 461.05
Kunal Bothra recommended to keep a stoploss at Rs 452
TVS Motor Company Ltd., incorporated in the year 1992, is a Large Cap company (having a market cap of Rs 21903.89 Crore) operating in Auto
sector
TVS Motor Company Ltd
key Products/Revenue Segments include Automobile - 2 - 3 Wheelers which contributed Rs 16158.15 Crore to Sales Value (88.73 % of Total
Sales), Accessories - Spares which contributed Rs 1720.97 Crore to Sales Value (9.45 % of Total Sales), Other Operating Revenue which
contributed Rs 297.41 Crore to Sales Value (1.63 % of Total Sales), I T Services which contributed Rs 16.72 Crore to Sales Value (0.09 % of
Total Sales), Royalty Income which contributed Rs 16.67 Crore to Sales Value (0.09 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 4960.27 Crore, unchanged .00 % from last quarter
Sales of Rs Crore and unchanged .00 % from last year same quarter Sales of Rs Crore Company has reported net profit after tax of Rs 259.62
Crore in latest quarter
Asirvatham, Mr.Hemant Krishan Singh, Mr.H Lakshmanan, Mr.C R Dua, Mr.Venu Srinivasan
Company has V Sankar Aiyar - Co
as its auditoRs As on 31-12-2019, the company has a total of 475,087,114 shares outstanding.