BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Closed|| Long (1Y)
Bank of America Merrill Lynch maintains underperform on TVS Motor
New launch prospects limited by weak franchise. Margins likely to be capped at 6 per cent. Prefer Hero MotoCorp versus TVS. Target Rs 45.5.