BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Deutsche Bank maintains sell on TVS Motor Company
Deutsche Bank has maintained "sell" rating on TVS Motor for a target price of Rs 250. Optimism around new products is overdone. We expect BMW venture to gradually ramp-up. TVS has started to lose market share in scooter segment.