INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on TVS Motor Company Ltd
with a target price of Rs 547
The current market price of TVS Motor Company Ltd
is Rs 536.05 Time period given by the analyst is Intra Day when TVS Motor Company Ltd
price can reach the defined target
Dr CK Narayan recommended to keep stoploss at Rs 528
TVS Motor Company Ltd., incorporated in 1992, is a largecap company with a market cap of Rs 25467.04 crore
key Products/Revenue Segments include Automobile - 2 3 Wheelers which contributed Rs 12932.96 Crore to Sales Value (98.05 % of Total
Sales), Other Operating Revenue which contributed Rs 126.24 Crore to Sales Value (0.95 % of Total Sales), Raw Materials which contributed Rs
107.17 Crore to Sales Value (0.81 % of Total Sales), Sale of services which contributed Rs 23.69 Crore to Sales Value (0.17 % of Total
Sales)for the year ending 31-Mar-2017
For the quarter ended 30-09-2018, the company has reported a Standalone sales of Rs 4993.47 Crore, up 20.22 % from last quarter Sales of Rs
4153.70 Crore and up 23.22 % from last year same quarter Sales of Rs 4052.44 Crore Company has reported net profit after tax of Rs 211.31
Ramakrishnan, Mr.Rajesh Narasimhan, Mr.Sudarshan Venu, Mr.T Kannan, Mr.Venu Srinivasan
Company has V Sankar Aiyar Co
as its auditoRs As on 30-09-2018, the company has a total of 475,087,114 shares outstanding.
