Buy TVS Motor Company, target price Rs 780: Emkay Global

Emkay Global has buy call on TVS Motor Company with a target price of Rs 780. The current market price of TVS Motor Company Ltd. is Rs 551.75.

Time period given by analyst is one year when TVS Motor Company Ltd. price can reach defined target.
TVS Motor Company Ltd., incorporated in the year 1992, is a Large Cap company (having a market cap of Rs 26153.55 Crore) operating in Auto sector.


TVS Motor Company Ltd. key Products/Revenue Segments include Automobile - 2 & 3 Wheelers, Accessories & Spares, Other Operating Revenue, Sale of services for the year ending 31-Mar-2021.

Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 4692.03 Crore, down -23.59 % from last quarter Total Income of Rs 6140.54 Crore and up 141.07 % from last year same quarter Total Income of Rs 1946.35 Crore. Company reported net profit after tax of Rs -15.18 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 52.3 per cent stake in the company as of June 30, 2021, while FIIs held 14 per cent, DIIs 24.3 per cent and public and others 9.5 per cent.