BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Nomura Recommends ‘Buy’ On TVS Motor
Nomura expects TVS to be a key beneficiary of rising preference for scooters and premium motorcycles. However, rising competitive pressure in the industry is impacting on pricing discipline and could curtail margin improvement for TVS, the brokerage adds.