Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
548.25
Change Change %
-1.55 -0.28%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
547.40
Change Change %
-2.75 -0.50%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nirmal Bang
N/A
04-05-2016 Sell 279.30 245.00
N/A
Closed Long (1Y)
04-05-2017

Nirmal Bang maintains sell on TVS Motor

TVS Motor's Q4 earnings were weaker than expectation on lower margins. EBITDA margin miss for the company came at a time when gross margin was strong at 29.8 per cent, up 140 basis points sequentially. See limited room for margins to expand in the immediate future.

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