TVS Motor Company Ltd., incorporated in the year 1992, is a Large Cap company (having a market cap of Rs 29355.63 Crore) operating in Auto sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 6140.54 Crore, up .47 % from last quarter Total Income of Rs 6111.56 Crore and up 48.73 % from last year same quarter Total Income of Rs 4128.67 Crore. Company reported net profit after tax of Rs 317.06 Crore in latest quarter.
Investment Rationale
The stock has resumed its upward journey after breaking out of a Flag pattern consolidation phase backed by good volumes. Moreover, the RSI has also turned upwards from the upper end of the bull zone, i.e. 55, which is a sign of strength.
Promoter/FII Holdings
Promoters held 57.39 per cent stake in the company as of March 31, 2020, while FIIs held 11.37 per cent, DIIs 21.01 per cent and public and others 10.04 per cent.
