TVS Motors - Overall Miss; But Growth Levers Intact!
TVS Motors Ltd (TVSL) Q1FY24 numbers missed ours and streets estimate. Revenue (2% miss) grew by 20%/9% YoY/QoQ led by higher sales volumes (up 5%...
354 Views
Pick of the Week - TVS Motor Company Ltd - 05 JUNE 2023
TVS Motor Company Ltd. (TVSL) is the 3rd largest 2-wheeler company in India with an annual sale of more than 30 Lc units and annual 2-wheeler (2W)...
387 Views
TVS Motors - Outpacing Peers in EV Product Portfolio Maintain BUY
TVS Motors Ltd (TVSL) reported a good set of numbers. Revenue (inline) grew by 19%/1% YoY/QoQ led by higher ASP on account of price hikes taken in...
469 Views
TVS Motors - Market Share Gains and Promising EV Product Portfolio
Growing presence in premium ICE models (125cc & above) and focus on building EV product portfolio (ranging from 5Kwh to 25KwH) in 12-18 mths; ahead...
399 Views
TVS Motor Company - Lower RM Cost Drives Beat in Operating Performance
TVSL’s operating performance was above our estimate, driven by lower RM cost. However, higher interest and tax led to an inline PAT.
298 Views