TVS Motor surges 6% post Q4 results; is it worth buying?

TVS Motor's Q4 net profit rose 18% to ₹ 485 cr, driven by robust sales volumes, healthy product mix, better pricing, & benign commodity costs. Revenue from operations jumped 24% to ₹ 8,169 Cr, beating estimates.

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Bernstein issues 'market perform' rating for TVS Motor with target price of ₹ 2,050 per share. brokerage highlights TVS' in-line Q4 performance & suggests potential for company to catch up in terms of EBIT margin.

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Jefferies maintains 'buy' call on TVS Motor stock with target price of ₹ 2,525 per share, implying 21% upside. Analysts expect company to benefit from revival in demand for two-wheelers in domestic & export markets.

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TVS witnesses 22% growth in overall two-wheeler & three-wheeler sales in Q4 FY24, totalling 10.63 lakh units. Full fiscal year sales increase by 14% to 41.91 lakh units.

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Goldman Sachs maintains 'neutral' stance on TVS Motor stock. company's average selling price saw marginal increase of 1%. Expectations for FY25 include step-ups in international markets.

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TVS Motor shares surge over 6% post Q4 results, trading at ₹ 2,089, up 5% from previous close. Stock has rallied 72% in last year, reflecting investor confidence & positive outlook for company.

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TVS Motor surges 6% post Q4 results; is it worth buying?

TVS Motor's Q4 net profit rose 18% to ₹ 485 cr, driven by robust sales volumes, healthy product mix, better pricing, & benign commodity costs. Revenue from operations jumped 24% to ₹ 8,169 Cr, beating estimates.

TVS Motor Company's Q4 Results

Bernstein issues 'market perform' rating for TVS Motor with target price of ₹ 2,050 per share. brokerage highlights TVS' in-line Q4 performance & suggests potential for company to catch up in terms of EBIT margin.

Market Perform Rating by Bernstein

Jefferies maintains 'buy' call on TVS Motor stock with target price of ₹ 2,525 per share, implying 21% upside. Analysts expect company to benefit from revival in demand for two-wheelers in domestic & export markets.

Buy Call by Jefferies

TVS witnesses 22% growth in overall two-wheeler & three-wheeler sales in Q4 FY24, totalling 10.63 lakh units. Full fiscal year sales increase by 14% to 41.91 lakh units.

Sales Performance

Goldman Sachs maintains 'neutral' stance on TVS Motor stock. company's average selling price saw marginal increase of 1%. Expectations for FY25 include step-ups in international markets.

Neutral Outlook by Goldman Sachs

TVS Motor shares surge over 6% post Q4 results, trading at ₹ 2,089, up 5% from previous close. Stock has rallied 72% in last year, reflecting investor confidence & positive outlook for company.

Impressive Stock Performance

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