TVS Motor share price gains 2.63% to 52 week high on its foray into Vietnam
1 year, 1 month ago

TVS Motor share price gains 2.63% to 52 week high on its foray into Vietnam

Live Mint  

TVS Motor Company Ltd share price saw gains of 2.63% to 52 week highs of 1784 on the BSE in the morning trades on Thursday, on news flow around its entry into Vietnam. For TVS Motor Company two-wheeler exports of 2.39 Lakh units in the quarter ended September 2023 while improved sequentially were also not much less compared to 2.52 Lakh units in the quarter ended September 2022. During the September quarter TVS Motorcycle sales grew by 3% registering 4.93 Lakh units in the quarter ended September 2023 as against 4.77 Lakh units in quarter ended September 2022. TVS' 28 times FY25 estimated price to earnings ratio appears rich, but analysts at Jefferies believe premium valuations will sustain on strong growth outlook and improving franchise Analysts at Prabhudas Lilladher post Q2 results also had said that TVS is well placed to outperform the industry given a good tractions for new product launches in ICE & EV segments, higher focus on exports & premiumisation and margin improvement helped by cost control, operating leverage, benign input prices.

History of this topic

Stock to buy long-term: Why are experts bullish on TVS Motor share? — explained
1 month ago
TVS Motor Q1 net profit rises 23% to ₹577 crore on strong demand, margins
4 months, 2 weeks ago
TVS Motor market cap surpasses ₹1 lakh crore mark, share price hits 52-week high
10 months, 1 week ago
TVS Motor’s Q3 | Improved sales lift net profit to ₹593 crore
11 months ago
TVS Motor enters ₹1 lakh crore market cap club as shares hit fresh record high
11 months, 1 week ago
Antique Stock Broking downgrades TVS Motor Company to Sell; raises target price
11 months, 2 weeks ago
TVS Motor shares touch 52-week high after Q2 earnings; is a good time to buy?
1 year, 1 month ago
TVS Motor Q2 standalone net up 32% to ₹537 cr. on strong sales
1 year, 1 month ago
TVS Motor Company Records Sales Growth of 4 Percent in August 2023
1 year, 3 months ago
TVS Motor shares gain 2% on robust Q1FY24 numbers; here’s what brokerages say
1 year, 4 months ago
TVS Motor Q1 Results: Net profit jumps 42.2% on year to ₹ 434.30 crore
1 year, 5 months ago
TVS Motor Q1 results: Profit grows 46%, company posts highest-ever Ebitda
1 year, 5 months ago
TVS Motors Q1FY24 earnings preview: Sales and margin are expected to grow
1 year, 5 months ago
TVS Motors share price hits new 52-week high; here’s why
1 year, 6 months ago
TVS Motor Company Q4 Results: Net profit up 49% to ₹410 cr
1 year, 7 months ago
TVS Motor sales rise 4% to 3.06 lakh units in April
1 year, 7 months ago
TVS Motors Q3 preview: Revenue to grow, volume to remain flat
1 year, 11 months ago
TVS Motor Company sales grows by 15% in August 2022
2 years, 3 months ago
TVS Motor sales grow 24% y-o-y, EV jumps nearly 5x
2 years, 7 months ago
TVS Motor Company exports over 1 lakh two-wheeler units in March 2021
3 years, 8 months ago
TVS Motor's total wholesales jump 31 per cent in January 2021
3 years, 10 months ago

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