Buy TVS Motor Company, target Rs 685: Chandan Taparia
Buy TVS Motor Company at a price target of Rs 685 and a stop loss at Rs 648 from entry point.
By ETMarkets.com |
Chandan Taparia of Motilal Oswal Securities has a buy call on TVS Motor Company with a target price of Rs 685.
The current market price of TVS Motor Company is Rs 659.65.
Time period given by the analyst is intraday when TVS Motor Company price can reach defined target.
Chandan Taparia recommended to keep a stop loss at Rs 648.
TVS Motor Company, incorporated in the year 1992, is a Large Cap company (having a market cap of Rs 31,339.12 Crore) operating in Auto sector.
TVS Motor Company key Products/Revenue Segments include Automobile - 2 & 3 Wheelers which contributed Rs 12,932.96 Crore to Sales Value (98.05 per cent of Total Sales), Other Operating Revenue which contributed Rs 126.24 Crore to Sales Value (0.95 per cent of Total Sales), Raw Materials which contributed Rs 107.17 Crore to Sales Value (0.81 per cent of Total Sales), Sale of services which contributed Rs 23.69 Crore to Sales Value (0.17 per cent of Total Sales)for the year ending 31-Mar-2017.
The company’s top management includes Dr.Lakshmi Venu, Mr.C R Dua, Mr.H Lakshmanan, Mr.Hemant Krishan Singh, Mr.Prince Asirvatham, Mr.R Ramakrishnan, Mr.Rajesh Narasimhan, Mr.Sudarshan Venu, Mr.T Kannan, Mr.Venu Srinivasan.
Company has V Sankar Aiyar & Co. as its auditors.
As on 30-06-2017, the company has a total of 475,087,114 shares outstanding.
The current market price of TVS Motor Company is Rs 659.65.
Time period given by the analyst is intraday when TVS Motor Company price can reach defined target.
Chandan Taparia recommended to keep a stop loss at Rs 648.
TVS Motor Company, incorporated in the year 1992, is a Large Cap company (having a market cap of Rs 31,339.12 Crore) operating in Auto sector.
TVS Motor Company key Products/Revenue Segments include Automobile - 2 & 3 Wheelers which contributed Rs 12,932.96 Crore to Sales Value (98.05 per cent of Total Sales), Other Operating Revenue which contributed Rs 126.24 Crore to Sales Value (0.95 per cent of Total Sales), Raw Materials which contributed Rs 107.17 Crore to Sales Value (0.81 per cent of Total Sales), Sale of services which contributed Rs 23.69 Crore to Sales Value (0.17 per cent of Total Sales)for the year ending 31-Mar-2017.
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The company’s top management includes Dr.Lakshmi Venu, Mr.C R Dua, Mr.H Lakshmanan, Mr.Hemant Krishan Singh, Mr.Prince Asirvatham, Mr.R Ramakrishnan, Mr.Rajesh Narasimhan, Mr.Sudarshan Venu, Mr.T Kannan, Mr.Venu Srinivasan.
Company has V Sankar Aiyar & Co. as its auditors.
As on 30-06-2017, the company has a total of 475,087,114 shares outstanding.
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