Time period given by analyst is Intra Day when TVS Motor Company Ltd. price can reach defined target.
TVS Motor Company Ltd., incorporated in the year 1992, is a Large Cap company (having a market cap of Rs 30973.30 Crore) operating in Auto sector.
TVS Motor Company Ltd. key Products/Revenue Segments include Automobile – 2 & 3 Wheelers, Accessories & Spares, Other Operating Revenue, Sale of services for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 6491.18 Crore, up 38.34 % from last quarter Total Income of Rs 4692.03 Crore and up 23.18 % from last year same quarter Total Income of Rs 5269.59 Crore. Company reported net profit after tax of Rs 232.82 Crore in latest quarter.
Investment Rationale
The stock is on the verge of a breakout from a consolidation upper-end, suggesting a resumption of uptrend is on cards. Further, RSI indicator is also confirming the bullishness building up in recent times.
Promoter/FII Holdings
Promoters held 52.26 per cent stake in the company as of 30-Sep-2021, while FIIs owned 12.77 per cent, DIIs 25.16 per cent.
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