Profit

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

NSE
593.40
Change Change %
-5.75 -0.96%

Updated:21 Sep, 2018, 15:55 PM IST

BSE
593.05
Change Change %
-5.75 -0.96%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
04-05-2016 Hold 292.10 270.00
N/A
Target Hit Long (1Y)
04-05-2017

Religare maintains hold on TVS Motor

TVS Motor's Q4 earnings were below expectation. EBITDA margins were disappointing at 6.3 per cent on higher ad spends. We believe TVS Motor shares fully price in the high volume/margins and potential benefits from the BMW-TVS tie-up.

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